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Why did you guys miss this Obama one....?
Now Bill Richardson D-NM stated today the Obama Plan Taxible income level is $120,000..so now we go from 250 to 200 to 150 (Biden) to 120 today. Will it be 42,000 by Monday?
Get off YA and watch the news..it was on FOX. They played the recorded tape for Richardson "Quote unquote" today.
10 Answers
- margaret hLv 71 decade agoFavorite Answer
It's been $42,000 for months.
That's the amount in the Continuing Resolution passed by Congress that both Obama and Biden voted FOR.
The CR is the BLUEPRINT for what the new Congress will do when it convenes in January. They pass it early so staff can get busy writing the huge bill.
That $42,000 tax INCREASE is included.
It will be part of a huge bill that Obama will SIGN.
Congress sets the tax policy - NOT the president.
Read the Constitution - like Republicans do.
Obama has been LYING all along.
His Kool-Aid drinking supporters have been falling for this crap.
The REAL number is $42,000.
At least McCain would VETO the Democrats' tax increase.
- justgetitrightLv 71 decade ago
I heard that as well but I doubt that the liberals would admit it even if they did hear it
Obama has clearly stated that he wants to end the Bush tax cuts early. The current tax cuts expire in March 2010, we would then revert to the last taxes on record which is the taxes in effect during President Clinton
which was
$0 but less than less than $45,200 15%
$45,200 but less than $109,250 27.5%
$109,250 but less than $166,500 30.5%
$166,500 but less than $297,350 35.5%
more than $297,350 39.1%
Today that tax rate is
$0 - $16,050 = 10%
$16,050 - 65,100 = 15%
$65,100 - $131,450 = 25%
$131,450 - $200,300 = 28%
$200,300 - $357,700 = 33%
more than $357,700 = 35%
Liberals, see if you can manage to figure out which candidate will cost you more in taxes. The link below show tax rates since 1913 to present.
- bladesinger0712Lv 51 decade ago
Well it started at 42k so I am sure that is what he really meant to begin with – but with the new liberal math it takes a while to work it all out and get a true number – besides republicans have scrwed things up so bad we will have to go that low in order to get things back in order. Obama was right the first time – he is so smart and didn’t even know it
- Bee BeeLv 71 decade ago
Yes I heard that. and yes it will be down by Monday. that the democrats for you. so let them have obama and pay the price, He want tax mine. Because I am retiring . he can go set on a stump for all I care. the people want listen and they are asking for it. and he will never be my president either.
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- Anonymous1 decade ago
It is becoming clear that if you have a job and if Obama is elected, you will pay more in taxes.
- Anonymous1 decade ago
I didn't realize that Bill Richardson and Barack Obama were the same person. I could have sworn I've seen them next to each other.
- 1 decade ago
Show me all the sources you are getting this Information from and maybe then i can see all of this TALK.