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Not to mention we are only hearing what they are telling us before the election, if NObama and his gang get control there will be suffering well-beyond what they admit now.
I was just talking to my brother about the 250,000.00, 200,000,00 TAX CEILING. I thought it was per capita. I now realize it is per household...I just realized I might not want to be redistributed!...![]()
(source)Barack Obama and Senator McCain both support extending the Bush tax cuts for all families making less than $250,000 (singles making under $200,000). Therefore, the model assumes that the Bush tax cuts are extended in 2009 for approximately 98% of taxpayers under both candidates' plans.
For the approximately 2% of earners above $250,000, John McCain supports extending the Bush tax cuts, while Barack Obama has proposed rolling back a portion of those tax cuts. This tax calculator assumes that those rollbacks are in effect under the Obama plan; accordingly, married couples making over $250,000 (singles making over $200,000) will pay the top two marginal rates that prevailed in the 1990s and will pay a 20% rate on capital gains and dividends.
Why should I be penalized or an senior be penalized that finally gets to the point where he or she is no longer scraping bottom.
I personally don't see it as penalization especially if it helps fund either universal or at a least a two tier healthcare system, improving k-12 education and subsidizing post secondary education.
The capitalist in me can see the fear of taxes, but IMO everyone should have the right to quality healthcare and education.
Babe, I am already at the point where I am only getting one third of my salary. I would love it if I could decide where my money goes....
if NObama and his gang get control ...
I can not believe I am saying this! I work hard for my salary. Why should I be penalized or an senior be penalized that finally gets to the point where he or she is no longer scraping bottom. I already pay a bigassed boatload of taxes on my salary as it is....
Lest we forget Joe Biden recently lowered that ceiling to $150K and Bill Richardson to $120K...
YouTube - Incredible Shrinking Obama Tax Plan - Bill Richardson, Joe Biden.
Oh, and $97.5K and above was considerered "upper class" to Obama during the Democratic primaries...
YouTube - Obama: families making $97,000 are "upper class" and should pay more taxes
I was just talking to my brother about the 250,000.00, 200,000,00 TAX CEILING. I thought it was per capita. I now realize it is per household...I just realized I might not want to be redistributed!...![]()
I can not believe I am saying this! I work hard for my salary. Why should I be penalized or an senior be penalized that finally gets to the point where he or she is no longer scraping bottom. I already pay a bigassed boatload of taxes on my salary as it is....
I have to laugh (because if I don't I'd cry) at these so called patriots who bemoan the idea of having to pay an extra 5% on earned income above $250,000.
To think how much they saved over the past eight years while so many others suffered, not to mention the 4500+ Americans who lost their lives in a war the crooked Bush & Co. lied us into.
Where is your sense of equity? Where is your sacrifice? Where is your honor and decency? Shame on you. Shame on you!