Posts Tagged ‘politics’
Proposed Tax Increases
July 23rd, 2011
Proposed Tax Increases
Question: Do many people realize The tax increase Obama has proposed for incomes over $250,000 is going to make?
social security retirement solvent for an extended 15 years or so.
Answer: Taxes will increase for the middle class. Capital gains and payroll tax increases will hit the middle class (those making under $250k). Plus, if they increase taxes on the “rich” small business owners, they will pass the costs onto the consumer and that means costs will increase.
The Tax Cut for “95% of families” is impossible with all the social programs that Barry is talking about. Do the math.
Tax Cuts increase revenues!
House panel OKs proposed tax increase
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