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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: TideGlider who wrote (25627)	2/2/2010 8:41:46 PM
From: DuckTapeSunroof	Read Replies (2) \| Respond to of 103300

Regardless of where you think "middle class" starts and ends, (and I'd argue that it's a bit lower then '$250,000 per year', <g>) it's still a fact that those tax cuts are EXTENDED (as I said), and not repealed. And, taxes for those earning over $250,000 a year will still wind up being lower then they were during the Clinton years (when the federal deficit was whittled-down) and even for those earning over $250,000 per year their cap. gains tax rate will only move from 15% to 20% (also far lower then rate under Clinton, first Bush, Reagan, etc., etc.) "...The budget would extend President George W. Bush's tax cuts — but only for households earning less than $250,000 — as well as Obama's tax credits of $400 for individuals and $800 for couples. They would add to the deficit, despite Obama's proposal that tax cuts and benefit increases should be paid for...." usatoday.com About time we started getting serious about the chronic annual federal deficits....

To: TideGlider who wrote (25627)	2/2/2010 11:28:48 PM
From: Wayners	1 Recommendation Respond to of 103300

Tide you are so right about that. That is too professional married people's salary in an expensive area of the country, nothing more nothing less. The real RICH are the Idle rich that most Americans have NO comprehension of. They don't have jobs and don't have W-2's and block 1 filled out with wages tips and other compensation filled out....That is the big dumbed down American lie that they WANT to perpetuate. The REAL rich DO NOT PAY hardly anything in income taxes. Exactly the opposite of how the income tax law and Constitutional Amendment were passed.