$250K. . .$200K. . .$150K ?????

iVillage Member
Registered: 04-04-2001
$250K. . .$200K. . .$150K ?????
68
Wed, 10-29-2008 - 10:55am

Over the past week, the income level that qualified as "rich" has been lowered by the Democrats:

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iVillage Member
Registered: 02-19-2008
Thu, 10-30-2008 - 11:07pm
I remember that heart-rendering scene.
mccain image

Obama image
iVillage Member
Registered: 09-25-2008
Thu, 10-30-2008 - 11:49pm

The higher wage earners get the higher deductions and loopholes that the rest of us don't get

iVillage Member
Registered: 10-17-2008
Sat, 11-01-2008 - 1:35am

"The higher wage earners get the higher deductions and loopholes"


There are no loopholes for high-income earners and even if there were, loopholes exist because of oversights due to an overly-complex tax code.

Avatar for songwright
iVillage Member
Registered: 06-28-1997
Sat, 11-01-2008 - 1:50am

Yep. . . and the Democrats are spinning...spinning...spinning:


Nope . . . it appears it is McCain and you loyal Republicans who are 'spinning' -- trying vainly to 'prove' the LIE that Obama plans to raise taxes on middle class people - like good old $40,000/yr Joe the Plumber.


Seems as though you should have followed the LINK on your own example:



***CLARIFICATION *** The Obama campaign tells First Read that this is how Obama's plan breaks down: People making less than $250,000 will not see their taxes increase, and people making less than $200,000 will receive some type of tax cut. And all of this is essentially reflected in the Tax Policy Center stats below.


*** UPDATE *** An Obama aide points out to First Read that the $150,000 figure Biden was citing was simply an example of what someone making that amount would get under Obama's tax plan. Indeed, Biden's $150,000 remark came after he referred to someone making $1.4 million.


Per the Tax Policy Center, here is how Obama's tax plan breaks down for individuals:
$0-$18,891 = $567 tax cut
$18,982-$37,595 = $892 tax cut
$37,596-$66,354 = $1,118 tax cut
$66,355-$111,645 = $1,264 tax cut
$111,646-$160,972 = $2,135 tax cut

$160,973-$226,918 = $2,796 tax cut
$226,919-$603,402 = $121 tax increase
$603,403-$2.87 million = $93,709 tax increase
$2.87 million-plus = $542,882 tax increase

~ SW

~ SW

iVillage Member
Registered: 10-20-2008
Sat, 11-01-2008 - 3:15am
And Richards lowered it again today to $120K...pretty soon it will be down to "you." Obama revealed.
iVillage Member
Registered: 10-20-2008
Sat, 11-01-2008 - 3:17am
No way...time to buy your neighbor that house on the water and BMW you always wanted.
iVillage Member
Registered: 02-19-2008
Sat, 11-01-2008 - 11:57am
Better yet, you can support BO's illegal relatives!
mccain image

Obama image
iVillage Member
Registered: 10-25-2006
Sat, 11-01-2008 - 12:21pm

<>

Really? Could this be an imposter?

http://www.youtube.com/watch?v=X2JPbQOHEkY

<>

Haha...your tax atty is giving away more of your money than you need to be paying in taxes if you believe that!

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http://www.pnhp.org/news/2009/october/meet_the_new_health_.php

http://www.youtube.com/watch?v=DQTBYQlQ7yM

iVillage Member
Registered: 10-30-2008
Sat, 11-01-2008 - 12:25pm

.


iVillage Member
Registered: 10-20-2008
Sat, 11-01-2008 - 4:59pm
True 'nuff. It's pretty clear that Obama isn't interested in helping them...unless it's with other people's money, of course.

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