Which is it?

iVillage Member
Registered: 08-26-2007
Which is it?
40
Tue, 10-28-2008 - 5:41pm

250,000 or 200,000?


Oh now Obama is saying that only people below 200,000 will get a tax break the people between 200 and 250 will not get a tax increase....That is different than what he was saying all along!


Ok, watch this number fall fall fall over the next year.

iVillage Member
Registered: 05-14-2008
Tue, 10-28-2008 - 7:20pm

I just saw exactly that on his latest TV ad. It said that if you made less than $200,000 you'd be getting a tax cut.

So I thought to myself, does that mean all those falling between $200,000 and $250,000 will simply break even?

And of course the marriage penalty is built in as well. Two individuals each earning $200,000 will get a decrease but a married couple earning $250,000 together will pay more.

Yep, that's a way to to grow the economy alright.

iVillage Member
Registered: 07-03-2008
Tue, 10-28-2008 - 7:25pm
There will also be a lot of very angry people if McCain gets elected also! You heard that from me!
iVillage Member
Registered: 03-09-2007
Tue, 10-28-2008 - 7:34pm
Jess


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iVillage Member
Registered: 05-06-2007
Tue, 10-28-2008 - 7:43pm

The tax increase would be for families making above $250,000 or individuals making above $200,000. Many people making between $150,000-200,000 will see reduced taxes or bigger refunds but they may only get partial tax credits b/c the credits do phase out just as many current credits do. So that's

Chrissy
mom to Aidan 8/21/03
Grayson Blaine 12/30/07

iVillage Member
Registered: 05-14-2008
Tue, 10-28-2008 - 7:52pm
This was just tonight, NBC, straight from Obama himself. It was the first time I suddenly heard anything other than the standard $250,000 line.
iVillage Member
Registered: 03-09-2007
Tue, 10-28-2008 - 8:07pm
His plan has always stated that those making 250K would not see their taxes go up.
Jess


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iVillage Member
Registered: 09-09-2008
Tue, 10-28-2008 - 8:35pm

It's an Obama ad. He says families making under $200,000 will get a tax cut.

Today Biden said in an interview that "middle class people, people making under $150,000 a year" will get a tax cut.

iVillage Member
Registered: 05-06-2007
Tue, 10-28-2008 - 10:09pm

$150,000 vs. $250,000
Posted: Tuesday, October 28, 2008 11:33 AM by Mark Murray
Filed Under: 2008, Economy, Biden, McCain, Obama

From NBC's Mark Murray and NBC/NJ's Mike Memoli
The McCain campaign is jumping all over Biden's interview yesterday with a Scranton TV affiliate, in which Biden said that people making under $150,000 per year would get a tax cut under Obama's tax plan.


McCain even mentioned it during his speech today in Pennsylvania, noting all the different numbers Obama and his

Chrissy
mom to Aidan 8/21/03
Grayson Blaine 12/30/07

iVillage Member
Registered: 07-24-2006
Tue, 10-28-2008 - 10:16pm
Well $150,000 is under $200,000.

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iVillage Member
Registered: 09-09-2008
Tue, 10-28-2008 - 10:57pm

You must be kidding, the media call him on something like that?

He said the tax cuts are going to the people who make under $150,000. I'm taking him at his word. Are you assuming his statement means something else?