Do you think the U.S. Personal tax exemption should be raised? (it's capped at just over $3k now)

[netmouse]

[Poll #1835541]

Comments

[greyhat.livejournal.com]

Yeah. You can use a higher exemption for everyone, and people with high incomes just won't be affected by it as much. Their base tax rate will make up most of the difference.

Unless you want to consider many tiers, but that causes the same problem - trying to mini-max your income to stay below the cut-off.

[netmouse.livejournal.com]

Nod, you guys are right. I was just using the current tier, but there's no need for a cutoff, and it can have deleterious effects..