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President Obama!
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<blockquote data-quote="1989" data-source="post: 670994" data-attributes="member: 10280"><p><strong>Re: Obamanation here today</strong></p><p></p><p></p><p></p><p></p><p><span style="color: Red">Wow, look at this, higher taxes on lower income earners.</span></p><p><span style="color: Red"></span></p><p><span style="color: Red"></span><strong><strong>Tax rates will rise</strong></strong>. Beginning in 2011, tax rates that were in effect before the 2001 Bush tax cuts will return. The top income tax rate will go up to 39.6 percent from the current 35 percent, <strong>and the bottom 10 percent bracket is eliminated, so even the lowest levels of taxable income will be taxed at 15 percent. </strong></p></blockquote><p></p>
[QUOTE="1989, post: 670994, member: 10280"] [b]Re: Obamanation here today[/b] [COLOR=Red]Wow, look at this, higher taxes on lower income earners. [/COLOR][B][B]Tax rates will rise[/B][/B]. Beginning in 2011, tax rates that were in effect before the 2001 Bush tax cuts will return. The top income tax rate will go up to 39.6 percent from the current 35 percent, [B]and the bottom 10 percent bracket is eliminated, so even the lowest levels of taxable income will be taxed at 15 percent. [/B] [/QUOTE]
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