This week’s map is a GIF showing the year each state adopted its gasoline excise tax. Oregon was the first state to do so in February of 1919 (Colorado, New Mexico, and North Dakota also enacted them later in the year)....
- Comparing Income Taxes under Bill Clinton and George Bush
Comparing Income Taxes under Bill Clinton and George Bush
February 19, 2008
| Individual Income Tax Due in 2008, |
Bush Law versus Clinton Law
|For taxpayers who take the standard deduction and have no children|
|Taxpayer||Tax That Would Have Been Owed under Clinton-Era Tax Law||Tax Owed under Current Law, with Bush Tax Cuts|
|Single, income of 30,000||$3,157.50||$2,756.25|
|Single, income of 50,000||$7,262.50||$6,606.25|
|Married, income of $50,000||$5,085.00||$4,012.50|
|Married, income of $60,000||$6,585.00||$5,512.50|
|Single, income of $75,000||$14,262.50||$12,856.25|
|Married, income of $75,000||$9,426.50||$7,762.50|
|Single, income of $125,000*||$29,378.50||$26,472.25|
|Married, income of $125,000*||$23,426.50||$19,462.50|
|*This chart does not take into account the Alternative Minimum Tax|
Join the Tax Foundation's fight for sound tax policy Go
Tax Policy Blog
The official weblog of the Tax Foundation.
Tax By State
For information on your state, select it from the drop-down menu.
Ask a Tax Expert
Contact information for Tax Foundation policy staff Ask