| Sterling Investment Services, Inc. |
|
| Flat Tax Analysis |
| October 21st,2008 |
|
|
|
|
|
| Tax Rate |
|
17.0% |
|
|
| Personal Deduction |
|
|
|
| $27,000 |
|
|
|
|
|
|
|
|
|
|
|
Tax |
Income |
|
Taxes Paid |
|
Rate |
| $5,000 |
|
$0 |
|
0.00% |
| $10,000 |
|
$0 |
|
0.00% |
| $15,000 |
|
$0 |
|
0.00% |
| $20,000 |
|
$0 |
|
0.00% |
| $25,000 |
|
$0 |
|
0.00% |
| $30,000 |
|
$510 |
|
1.70% |
| $35,000 |
|
$1,360 |
|
3.89% |
| $40,000 |
|
$2,210 |
|
5.53% |
| $45,000 |
|
$3,060 |
|
6.80% |
| $50,000 |
|
$3,910 |
|
7.82% |
| $55,000 |
|
$4,760 |
|
8.65% |
| $60,000 |
|
$5,610 |
|
9.35% |
| $65,000 |
|
$6,460 |
|
9.94% |
| $70,000 |
|
$7,310 |
|
10.44% |
| $75,000 |
|
$8,160 |
|
10.88% |
| $80,000 |
|
$9,010 |
|
11.26% |
| $85,000 |
|
$9,860 |
|
11.60% |
| $90,000 |
|
$10,710 |
|
11.90% |
| $95,000 |
|
$11,560 |
|
12.17% |
| $100,000 |
|
$12,410 |
|
12.41% |
| $105,000 |
|
$13,260 |
|
12.63% |
| $110,000 |
|
$14,110 |
|
12.83% |
| $115,000 |
|
$14,960 |
|
13.01% |
| $120,000 |
|
$15,810 |
|
13.18% |
| $125,000 |
|
$16,660 |
|
13.33% |
| $130,000 |
|
$17,510 |
|
13.47% |
| $135,000 |
|
$18,360 |
|
13.60% |
| $140,000 |
|
$19,210 |
|
13.72% |
| $145,000 |
|
$20,060 |
|
13.83% |
| $150,000 |
|
$20,910 |
|
13.94% |
| $155,000 |
|
$21,760 |
|
14.04% |
| $160,000 |
|
$22,610 |
|
14.13% |
| $165,000 |
|
$23,460 |
|
14.22% |
| $170,000 |
|
$24,310 |
|
14.30% |
| $175,000 |
|
$25,160 |
|
14.38% |
| $180,000 |
|
$26,010 |
|
14.45% |
| $185,000 |
|
$26,860 |
|
14.52% |
| $190,000 |
|
$27,710 |
|
14.58% |
| $195,000 |
|
$28,560 |
|
14.65% |
| $200,000 |
|
$29,410 |
|
14.71% |
| $205,000 |
|
$30,260 |
|
14.76% |
| $210,000 |
|
$31,110 |
|
14.81% |
| $215,000 |
|
$31,960 |
|
14.87% |
| $220,000 |
|
$32,810 |
|
14.91% |
| $225,000 |
|
$33,660 |
|
14.96% |
| $230,000 |
|
$34,510 |
|
15.00% |
| $235,000 |
|
$35,360 |
|
15.05% |
| $240,000 |
|
$36,210 |
|
15.09% |
| $245,000 |
|
$37,060 |
|
15.13% |
| $250,000 |
|
$37,910 |
|
15.16% |
| $300,000 |
|
$46,410 |
|
15.47% |
| $350,000 |
|
$54,910 |
|
15.69% |
| $400,000 |
|
$63,410 |
|
15.85% |
| $450,000 |
|
$71,910 |
|
15.98% |
| $500,000 |
|
$80,410 |
|
16.08% |
| $550,000 |
|
$88,910 |
|
16.17% |
| $600,000 |
|
$97,410 |
|
16.24% |
| $650,000 |
|
$105,910 |
|
16.29% |
| $700,000 |
|
$114,410 |
|
16.34% |
| $750,000 |
|
$122,910 |
|
16.39% |
| $800,000 |
|
$131,410 |
|
16.43% |
| $850,000 |
|
$139,910 |
|
16.46% |
| $900,000 |
|
$148,410 |
|
16.49% |
| $950,000 |
|
$156,910 |
|
16.52% |
| $1,000,000 |
|
$165,410 |
|
16.54% |
| $1,050,000 |
|
$173,910 |
|
16.56% |
| $1,100,000 |
|
$182,410 |
|
16.58% |
| $1,150,000 |
|
$190,910 |
|
16.60% |
| $1,200,000 |
|
$199,410 |
|
16.62% |
| $1,250,000 |
|
$207,910 |
|
16.63% |
| $1,300,000 |
|
$216,410 |
|
16.65% |
| $1,350,000 |
|
$224,910 |
|
16.66% |
| $1,400,000 |
|
$233,410 |
|
16.67% |
| $1,450,000 |
|
$241,910 |
|
16.68% |
| $1,500,000 |
|
$250,410 |
|
16.69% |
| $1,550,000 |
|
$258,910 |
|
16.704% |
| $1,600,000 |
|
$267,410 |
|
16.713% |
| $1,650,000 |
|
$275,910 |
|
16.722% |
| $1,700,000 |
|
$284,410 |
|
16.730% |
| $1,750,000 |
|
$292,910 |
|
16.738% |
| $1,800,000 |
|
$301,410 |
|
16.745% |
| $1,850,000 |
|
$309,910 |
|
16.752% |
| $1,900,000 |
|
$318,410 |
|
16.758% |
| $1,950,000 |
|
$326,910 |
|
16.765% |
| $2,000,000 |
|
$335,410 |
|
16.771% |
| $2,050,000 |
|
$343,910 |
|
16.776% |
| $2,100,000 |
|
$352,410 |
|
16.781% |
| $2,150,000 |
|
$360,910 |
|
16.787% |
| $2,200,000 |
|
$369,410 |
|
16.791% |
| $2,250,000 |
|
$377,910 |
|
16.796% |
| $2,300,000 |
|
$386,410 |
|
16.800% |
| $2,350,000 |
|
$394,910 |
|
16.805% |
| $2,400,000 |
|
$403,410 |
|
16.809% |
| $2,450,000 |
|
$411,910 |
|
16.813% |
| $2,500,000 |
|
$420,410 |
|
16.816% |
| $2,600,000 |
|
$437,410 |
|
16.823% |
| $2,700,000 |
|
$454,410 |
|
16.830% |
| $2,800,000 |
|
$471,410 |
|
16.836% |
| $2,900,000 |
|
$488,410 |
|
16.842% |
| $3,000,000 |
|
$505,410 |
|
16.847% |
| $3,100,000 |
|
$522,410 |
|
16.852% |
| $3,200,000 |
|
$539,410 |
|
16.857% |
| $3,300,000 |
|
$556,410 |
|
16.861% |
| $3,400,000 |
|
$573,410 |
|
16.865% |
| $3,500,000 |
|
$590,410 |
|
16.869% |
| $3,600,000 |
|
$607,410 |
|
16.873% |
| $3,700,000 |
|
$624,410 |
|
16.876% |
| $3,800,000 |
|
$641,410 |
|
16.879% |
| $3,900,000 |
|
$658,410 |
|
16.882% |
| $4,000,000 |
|
$675,410 |
|
16.885% |
| $4,100,000 |
|
$692,410 |
|
16.888% |
| $4,200,000 |
|
$709,410 |
|
16.891% |
| $4,300,000 |
|
$726,410 |
|
16.893% |
| $4,400,000 |
|
$743,410 |
|
16.896% |
| $4,500,000 |
|
$760,410 |
|
16.898% |
| $4,600,000 |
|
$777,410 |
|
16.900% |
| $4,700,000 |
|
$794,410 |
|
16.902% |
| $4,800,000 |
|
$811,410 |
|
16.904% |
| $4,900,000 |
|
$828,410 |
|
16.906% |
| $5,000,000 |
|
$845,410 |
|
16.908% |
| $6,000,000 |
|
$1,015,410 |
|
16.924% |
| $7,000,000 |
|
$1,185,410 |
|
16.934% |
| $8,000,000 |
|
$1,355,410 |
|
16.943% |
| $9,000,000 |
|
$1,525,410 |
|
16.949% |
| $10,000,000 |
|
$1,695,410 |
|
16.954% |
|
|