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How Much Will Obama's Tax Plans Hurt You

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  • How Much Will Obama's Tax Plans Hurt You

    How Much Will Obama's Tax Plans Hurt You? (My taxes will go up 4 grand a year)

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    Check this out.http://www.americanthinker.com/2008/...ax_increa.html and scroll down to the very bottom to see the tax tables and how your taxes will be affected if B.O. gets in and lets the Bush tax cuts expire. I had no idea that Bush saved me some serious dough.

    My taxes would be increasing almost $4,000 under Obama, and I'm not making anywhere NEAR his mythical $250,000.


    Quote:
    When "President" Obama allows President Bush's tax cuts of 2001 and 2003 to expire, this will amount to a de facto tax increase



    Quote:
    Married - Filing Joint $100,000 AGI


    2000 Tax $22,293
    2003 Tax (post Bush tax cut) $18,614
    2004 Tax $18,469
    2010 Tax (after tax cuts expire) $22,293
    Increase thanks to B.O. $3,824
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  • #2
    Re: How Much Will Obama's Tax Plans Hurt You

    How is this what is best for America given the current economic conditions?

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    • #3
      Re: How Much Will Obama's Tax Plans Hurt You

      There goes most of middle America's annual raise. Hell, that's 2 years taken back in many jobs. I wonder how the 'lunch-box dems' will like that. But I'm hoping they'll be much of the help in keeping a democrat out of the presidential chair just because of this.
      1 up

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