The more you know!
The New Republic: "Now, the obvious objection here is that the tax code doesn't work that way. A tax increase affects the marginal dollar that a person gains. That's means only every dollar over $250,000 is taxed at a higher rate. Obama is not proposing a tax system whereby somebody who goes from $249,999 to $250,000 suddenly becomes poorer. Nobody has ever enacted a tax hike like that in the history of the United States." - Wow, it's no wonder some people are up in arms over the new tax structure! I'm a complete idiot, ok, maybe a half-wit, and I at least know that much about taxes! DOH!Dang I wish I had that problem, trying to figure out how to make less than $250,000.00 a year. Hey, want to swap jobs? I'll deal with the burden of making 250k, you can have my salary.
Deal?
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- 12:08 PM
- by Rob
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