RNC AD: Obama’s Taxing Rhetoric


Tags: , , ,

One Response to “RNC AD: Obama’s Taxing Rhetoric”

  1. Mike Says:

    Just went to Obama’s web site, TaxCutFacts.com to try out his tax calculator. Added some figures and this was my findings.

    Combined income (Joint Return): $125,000 (tax cut $0.00)
    One income (head-of-household): $75,000 (tax cut $500)
    Wife’s income: $50,000 (tax cut $500)

    It seems using his own calculator that no one would every use the JOINT filing. To balance the scale he would have to raise taxes on the lower incomes to offset this difference.

    Also looks as if there’s a tax on $125,000, wouldn’t you say?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: