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Plans to raise taxes on those making $42K or more
From a Glen Hubbard article in the WSJ: "In a June 26 interview on the Fox Business channel, Mr. Obama said he wanted to roll back the Bush tax cuts for those in the top 5% of incomes -- that is, about $145,000 per year. He also voted for the Democrats' fiscal year 2009 Budget Resolution, which would raise taxes on individuals earning $42,000 or more."
I would assume that this would impact most of those who view this BBS. Does the Democrat plan to increase taxes significantly to screw the "rich" that make more than $42K (per the budget resolution) or $145K (per the Obama campaign) make you more likely to vote Democrat or Republican?
It seems to me that these increases along with the planned increases on business would be very damaging to the economy. What do you think?
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Some are born free. Some have freedom thrust upon them. Others simply surrender
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