How high will taxes get under Obama?

Question

Projected total price for Socialized Healthcare in 2008

2.4$ trillion

Private sector pays for approximately 2$ trillion of it.

Eliminate private sector.

2.4$trillion divided by 300 million heads.

Each American citizen would owe 8,000$ and each 4 person family 32,000 ( 300,000,000 is a strech, that # is counting illegal immigrants and those in severe poverty ) 

In 2007, the projected cost for healthcare was 2.1$ trillion

300$ billion dollar increase per year for healthcare.

over 10 years.

300x10

3$ trillion

Joy...

If we follow Obama's tax plan estimated tax burden on tax payers, ( staying at a constant 300 million pop. )

2.4 + 2.7 + 3.0 + 3.3 + 3.6 + 3.9 + 4.2 + 4.5 + 4.8 + 5.1 = roughly 37,100,000,000,000$

37,100,000,000,000$ divided by 300,000,000 = roughly 123,666.66 ( repeating ) 

Over 10 years, each person will have paid a MINIMUM of 123,666.66 dollars.

494666.66$ for every four person family.

One plan, ONLY ONE PLAN.

494,666.66$ owed by each four person family over 10 years.

Disgraceful.

ben P · Accepted Answer

OBAMA WILL ONLY RAISE TAXES FOR PEOPLE WHO GET MORE THAN 250,000 DOLLARS (95% OF AMERICA).

david v · Answer

The fact is they base all this increased revenue from higher taxes on Clintons years as President. He benefited greatly from a huge internet and tech stock boom as well as a huge surplus of social security revenue.
 I really don't see anything like that happening again with the economy in the state it is in at the moment so most likely his increases will do what all tax increases do and lead to minimal at best revenue increases because the taxable income will go down as people save rather then invest.

Anonymous · Answer

Whether Obama or McCain come to power Americans will be paying Higher taxes because of the large national debt and this bail out plan that will keep on going forever.

America is not a free country anymore.  We are heading down the path of communism and socialism.

Anyone that believes that we will see less taxes in the future needs to look at the facts.

Hattie · Answer

Hey! It's a smart person for once! I just love the thought of having to give away excess money. I mean, who doesn't like giving away excess money and having to give up a good private education????? 

Honestly, I think if all you Obama supporters actually bothered to compare the numbers instead of just saying what you hear other people saying, you'd be surprised to find who'd taxes are actually lower. I'll give you a hint... It starts with an Mc and ends with a Cain.

Anonymous · Answer

Tax increases when the bush tax cuts expire. Obama's tax cuts will still have us all paying more.

Anonymous · Answer

At least he isn't war hungry like McCain. McCain will end up starting a big fight with Russia which will not be another Vietnam. I could also mention his pathetic handling of the  bailout. That's real weakness there

Anonymous · Answer

Everything you earn, plus 45%

obama_the_dishwasher · Answer

We will all be put on an allowance. So we will work and we will get a few pennies to live on.

SOCIALISM at its best with nobama

Miss Kitty · Answer

I saw where small businesses would be taxed 62%. --unbelievable! No one will stay...

squidbilly50 · Answer

Yours won't get raised so quit whing ya burger flipper

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How high will taxes get under Obama?

11 Answers