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Reply to "At what point to Democrats give up on Obama?"
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[quote=jsteele][quote=Anonymous]You might want to take a look at AP's Fact Check on that statement about millionaires paying less than secretaries. The facts don't support the claim. Not a millionaire here, not even close, BTW![/quote] I didn't say that millionaires are paying less than their secretaries. I said that "Obama is attempting to create a tax system in which millionaires pay at least as much in taxes as their secretaries." Currently, some millionaires pay a higher percentage rate then their secretaries. The system doesn't need to be changed with regard to those folks. But, millionaires who make most of their income from capital gains pay a tax rate of 15%. Secretaries are likely to be in the 25% bracket. The system needs to be changed to account for such situations. Or, you could support the Republican plan which is to not increase taxes on millionaires, but allow the current payroll tax decrease for the middle class to expire. Pitting the middle class against the upper class is, of course, definitely not class warfare when Republicans do it. [/quote]
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