From: Damien Sullivan (phoenix@ugcs.caltech.edu)
Date: Mon Apr 07 2003 - 15:14:17 MDT
On Sun, Apr 06, 2003 at 06:54:09PM -0700, Charles Hixson wrote:
> >### People living on minimum wages do not pay direct taxes.
> I don't have any direct experience, but I seem to remember that anyone
> earning more than $750 a year had to pay income tax. And I know that in
File taxes, probably. For federal income tax there's a total of $7700 in
deductions this year (stadard deduction plus personal exemption) so if you
earn less than that you won't pay federal income tax. You will still have
paid payroll taxes, though.
-xx- Damien X-)
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