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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: HPilot who wrote (425883)10/14/2008 11:04:26 AM
From: tejek  Read Replies (2) | Respond to of 1574472
 
Obama says that those between $200K and $250K will remain the same. All others will be cut.

BS. That's not what he said.

An obvious lie as 33% do not pay tax's! Or do they get welfare?

I know you're a little dense hughie but once again, people who make less than $250k will pay the same amount of taxes they currently pay or don't pay or less. Now if 33% do not pay taxes, then they will not pay taxes going forward. I can't make it any clearer than that. If you still don't get it, talk to an accountant.



To: HPilot who wrote (425883)10/14/2008 11:13:44 AM
From: SilentZ  Read Replies (1) | Respond to of 1574472
 
From Obama's website:

Middle class families will see their taxes cut – and no family making less than $250,000 will see their taxes increase. The typical middle class family will receive well over $1,000 in tax relief under the Obama plan, and will pay tax rates that are 20% lower than they faced under President Reagan. According to the Tax Policy Center, the Obama plan provides three times as much tax relief for middle class families as the McCain plan.

Families making more than $250,000 will pay either the same or lower tax rates than they paid in the 1990s. Obama will ask the wealthiest 2% of families to give back a portion of the tax cuts they have received over the past eight years to ensure we are restoring fairness and returning to fiscal responsibility. But no family will pay higher tax rates than they would have paid in the 1990s. In fact, dividend rates would be 39 percent lower than what President Bush proposed in his 2001 tax cut.