The Amazing Race > The Amazing Race Discussion
Amazing Race Questions
theschnauzers:
I have the impression, also, that CBS sometimes uses vidcaps from footage, just as we do on the promos. (Isn't the era of digital manipulation wonderful?)
Detoured:
--- Quote from: theschnauzers on December 17, 2011, 03:32:28 PM ---The point I'm trying to make is that, for instance, married winning teams pay less taxes than other teams.
--- End quote ---
That's not correct. While married couples can apply the lower bracket percentages on greater amounts of income than single filers, it's not twice the amount of income (except for the 10% and 15% brackets). Therefore, two single people, each with $500,000 of income will get the advantage of having more of their total income taxed in several of the the lower percentage brackets than a married couple with $1,000,000 of income.
For example, the 35% tax bracket kicks in at the exact same dollar level ($372,950) for single filers as it does for married filers. That means that two single people can have a combined income of $745,900 before they hit the 35% bracket, while two married people will hit the 35% bracket when their combined income is only $372,950.
Using the 2009 federal tax brackets and ignoring all other income and/or deductions, $500,000 of taxable income for one single filer would have a tax of $152,684 (for a total of $305,368 between the two single people), and $1,000,000 of taxable income between two married filers would have a tax of $320,362... almost 5% more than the total tax of the two single people with $500,000 income each.
The current tax bracket system only favors married couples when one of the two makes substantially more (or all) of the income between the two of them, but when both of the married couple have similar income levels (like when they both win $500,000 each on TAR) they end up paying more taxes because they are married.
georgiapeach:
Wow!! Thanks for the info!!
Prophet:
--- Quote from: Detoured on February 26, 2012, 03:47:56 PM ---
--- Quote from: theschnauzers on December 17, 2011, 03:32:28 PM ---The point I'm trying to make is that, for instance, married winning teams pay less taxes than other teams.
--- End quote ---
That's not correct. While married couples can apply the lower bracket percentages on greater amounts of income than single filers, it's not twice the amount of income (except for the 10% and 15% brackets). Therefore, two single people, each with $500,000 of income will get the advantage of having more of their total income taxed in several of the the lower percentage brackets than a married couple with $1,000,000 of income.
For example, the 35% tax bracket kicks in at the exact same dollar level ($372,950) for single filers as it does for married filers. That means that two single people can have a combined income of $745,900 before they hit the 35% bracket, while two married people will hit the 35% bracket when their combined income is only $372,950.
Using the 2009 federal tax brackets and ignoring all other income and/or deductions, $500,000 of taxable income for one single filer would have a tax of $152,684 (for a total of $305,368 between the two single people), and $1,000,000 of taxable income between two married filers would have a tax of $320,362... almost 5% more than the total tax of the two single people with $500,000 income each.
The current tax bracket system only favors married couples when one of the two makes substantially more (or all) of the income between the two of them, but when both of the married couple have similar income levels (like when they both win $500,000 each on TAR) they end up paying more taxes because they are married.
--- End quote ---
That's why no one gets married right before they go on TAR :lol: People like Meghan and Cheyne and Ernie and Cindy got married soon after.
theschnauzers:
--- Quote from: Leafsfan on February 28, 2012, 06:26:03 PM ---Anyone remember why the Istanbul legs were moved in season 5?
--- End quote ---
I believe, IIRC, there was either a terrorist attack blamed on the Kurdish separatist movement in Turkey, or some related issue related to the war in Iraq. I'd have to reconstruct the actual dates of filming and see what events might have been going on at the time. (I don't believe it was a natural disaster, although Turkey has had major earthquakes within the past decade, but my memory of the dates would be fuzzy attm.
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