Word: bracketings
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Income will be taxed at lower rates. The top 39.6% level will drop in stages to 35% by 2006. Several other rates will fall gradually as well: 36% to 33%, 31% to 28%, 28% to 25%. The 15% bracket remains unchanged, except that the first $6,000 in income for singles and $12,000 for couples will be taxed at a new 10% rate effective July...
Beginning in 2005, a married couple's standard deduction will be raised gradually until it equals twice that of a single taxpayer's; more of the couple's income will also fall into the 15% bracket...
...mean the Dems are without grounds in battling Bush on tax cuts. The bulk of the Senate plan, which Bush favors, produces 62% of the tax savings more than five years from now. The main near-term relief comes in the form of a reduction in the lowest tax bracket. The plan would cut the tax rate on the first $12,000 of income for couples ($6,000 for singles) from 15% to 10%, reducing almost every earner's tax bill...
...defending Stanley Cup Champions and reigning beasts of the Eastern Conference against the President’s Trophy winner from the West. Not since 1989 has the top team from each bracket advanced to the finals, setting the stage for one of the most memorable seven-game series in recent memory...
...Last year 6 billion text messages were sent in the U.K. Worldwide, the figure topped 100 billion. Most messagers are in the 15-to-24 age bracket, and they each send more than 50 messages a month on average. That, say market experts, adds up to a lucrative stream of revenue for mobile service providers. Text messaging is priced separately from the flat fee charged by mobile telephone providers. It's not a bad sideline for media outlets like the Guardian, either. Though the newspaper has not disclosed any readership increases from its telepoetry contest, Keegan says participation was "massive...