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It seems that 30 million people will "get" to pay more taxes next year. Not income taxes but Obama didn't say just income taxes in his promises. Maybe the Senators are just breaking with him but I don't think so.
30 million. Do we have that many making over $250,000? I never really thought that that could be true.
Millions face tax increases under Dems budget plan - Yahoo! News (http://news.yahoo.com/s/ap/20100421/ap_on_go_co/us_congress_budget - broken link)
It seems that 30 million people will "get" to pay more taxes next year. Not income taxes but Obama didn't say just income taxes in his promises. Maybe the Senators are just breaking with him but I don't think so.
30 million. Do we have that many making over $250,000? I never really thought that that could be true.
Millions face tax increases under Dems budget plan - Yahoo! News (http://news.yahoo.com/s/ap/20100421/ap_on_go_co/us_congress_budget - broken link)
It's not Obama's fault if he breaks a promise and raises taxes. The responsibility lies with George Bush.
Everything bad from now on is George Bush's fault. That's anything, anywhere. I thought everyone knew that.
Last edited by OhioIstheBest; 04-22-2010 at 03:37 PM..
It seems that 30 million people will "get" to pay more taxes next year. Not income taxes but Obama didn't say just income taxes in his promises. Maybe the Senators are just breaking with him but I don't think so.
30 million. Do we have that many making over $250,000? I never really thought that that could be true.
Millions face tax increases under Dems budget plan - Yahoo! News (http://news.yahoo.com/s/ap/20100421/ap_on_go_co/us_congress_budget - broken link)
From your link:
But in the case of the AMT and estate tax, congressional Democrats have broken with Obama and promise that after two years of deficit-financed alternative minimum tax and estate tax cuts, Congress will have to come up with the money.
Uh, before the goose gets ahead of the gander...from the article:
Quote:
The looming tax hikes result from the structure of President George W. Bush's 2001 and 2003 tax bills, whose provisions generally expire at the end of this year. Obama promises to fully extend them except for individuals earning more than $200,000 a year and couple making $250,000 a year.
And households that make over $250,000/yr make up just under 4% of ALL income earners. Individuals making more than $200,000 account for just over 3% of ALL income earners.
But in the case of the AMT and estate tax, congressional Democrats have broken with Obama and promise that after two years of deficit-financed alternative minimum tax and estate tax cuts, Congress will have to come up with the money.
Congress has been saying the same thing for the past 15 years. When...when will it happen. Immediately after one of the worst financial disasters and in the toddler stage of a recovery? Or will it be put off again, like Republican and Democrats have always done to another day...as in this case which would probably be the most prudent thing to do.
Uh, before the goose gets ahead of the gander...from the article:
And households that make over $250,000/yr make up just under 4% of ALL income earners. Individuals making more than $200,000 account for just over 3% of ALL income earners.
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