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Reply to "How many people here understand what taxable income is and how marginal tax rates work?"
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[quote=Anonymous]This is just bullsh*t - this lie about how Obama only wants to raise taxes on the rich like some Robin Hood. Here is the truth: The Democrats, over and over again, have tried to block extension of the Bush tax cuts, which would raise taxes on EVERYBODY (unless you are at the poverty level). Secondly, Obamacare is a TAX (per the supreme court) on EVERYBODY who cannot or does not purchase health insurance. And you all can cite to various exclusions from this tax, but being a veteran tax lawyer myself, I know lots of people who cannot afford a CPA will fall through the cracks, get mailed a tax bill, plus interest and penalties, etc. This whole thing is a disaster - and they still will have NO HEALTH INSURANCE. This is like the opposite of Robin Hood - kicking a dog when it's down (i.e., taxing you and penalizing you because you cannot afford health insurance).[/quote]
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