R
rdean
Guest
Read my lips: Obama not trying to spark 'class warfare' - CSMonitor.com
To hear the media report it, President Obama is proposing a tax increase on wealthy Americans. Thats misleading at best. Hes proposing that everyone receive a continuation of the Bush tax cuts on the first $250,000 of their incomes. Any dollars they earn in excess of $250,000 will be taxed at the old Clinton-era rates.
Get it? Everyone is treated exactly the same. Everyone gets a one-year extension of the Bush tax cut on the first $250,000 of income. No class warfare.
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Did you get that? The first 250,000 is under the Bush tax cuts. It's only AFTER the first 250,000 the Clinton rates apply.
This Republican leadership is evil. Seriously evil. Calling it class warfare when everyone is treated the same. Disgusting.
To hear the media report it, President Obama is proposing a tax increase on wealthy Americans. Thats misleading at best. Hes proposing that everyone receive a continuation of the Bush tax cuts on the first $250,000 of their incomes. Any dollars they earn in excess of $250,000 will be taxed at the old Clinton-era rates.
Get it? Everyone is treated exactly the same. Everyone gets a one-year extension of the Bush tax cut on the first $250,000 of income. No class warfare.
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Did you get that? The first 250,000 is under the Bush tax cuts. It's only AFTER the first 250,000 the Clinton rates apply.
This Republican leadership is evil. Seriously evil. Calling it class warfare when everyone is treated the same. Disgusting.