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Reply to "Obama golfing"
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[quote=jsteele][quote=Anonymous] Really? Because Obama campaigned on taxing earners making over $200,000. That's our family. Oh yeah, and the reason he doesn't take off time from his job? Because he would lose his job. He works for a private firm, not the government. [/quote] Obama's current proposal is for a tax increase on those making over $1 million. During the campaign, Obama supported keeping the Bush tax cuts -- which were due to expire -- for the lower tax brackets. Congress ended up extending all the Bush tax cuts for another year. If Obama's campaign proposal had become law -- and the upcoming expiration will provide another opportunity for it -- taxes would return to pre-Bush levels for individuals making more than $200,000 and families making more than $250,000. However, this increase is just 3.6% and only affects those dollars above $200,000 or $250,000. So, unless you are significantly above those levels, you would hardly notice. [/quote]
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