What Obama means by tax the wealthy
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What Obama means by tax the wealthy
| Sat, 06-28-2008 - 11:14am |
What Obama means by tax the wealthy
Here's a closer look at how the Democratic candidate defines well-off for different households, and what his proposals will mean for them.
Here's a closer look at how the Democratic candidate defines well-off for different households, and what his proposals will mean for them.
http://money.cnn.com/2008/06/27/news/economy/obama_wealthy_taxes/index.htm?postversion=2008062809


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Totally off topic, but if you guys can get a line of credit on your home to help offset the college expenses, you can then deduct some of the interest and pay that debt off, rather than have to pay the 50% in taxes for going into your retirement.
You make more assumptions here than I can believe.
You are so right.....No overtime, my DH puts in 75 plus hour weeks plus travel.
I will get you the name of the book.
Lets get things straight here. First of all, my DH and I are NOT in debt. We have always been frugal, we HAVE saved. Our house will be paid off within 2 years.
Er, thanks!
Nor mine, but it was a good example of what one can buy with 400.
Wow, you have the choice to spend 30K on childcare, but you begrudge the 32K family getting 500 in tax relief? What childcare choices does the does the 32k family have?
How so? A 170K income should afford a pretty good lifestyle as less than 5% of the US population earn that much. If good life means a safe shelter, reliable transportation, and a secure future for the family, then a family should be able to live "a good life" on that.
Good for you! I've made similar choices as I have 3 children a bit older than yours we are quite content in our choices, too.
I'm cool with progressive tax burden because I have benefited from it when I was younger and poorer; the system gave me the opportunity to now be among the wealthier. I didn't get a stimulus check either and I'm ok with that because I would not have spent as the legislation intended.
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