Obama is playing word games with us. He says he won't raise taxes, but he does not say he will keep the Bush tax cuts. When he lets them run out and the tax rate goes back to the old level we will all get hit. But that is not a tax increase says Obama, that is the end of a tax cut you see. . .
What I see is this from American Thinker:
For a married family, filing jointly and earning $75,000 a year, this increase will be $3,074. For those making just $50,000, this increase will be $1,512. Despite Senator Obama's claim, even struggling American families making just $25,000 a year will see a tax increase -- they'll pay $715 more in 2010 than they did in 2007. Across the board, when the tax cuts lapse, working Americans will see significant increases in their taxes, even if their household income is as low as $25,000. See the tables at the end of this article.
Call it what you want Obama, but in the real world if I pay more in taxes that is a tax increase. . .
Remember the warning if you vote for Obama. . . when your taxes go up you only have yourself to blame.
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