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Is it 250k or 200k?

I believe I heard Obama say he wouldn't raise our tax unless we made 250K. This morning I heard 200k. What's the deal?

Answer Question

Asked by Anonymous at 9:28 AM on Oct. 30, 2008 in Politics & Current Events

Answers (15)
  • the deal is he changes his mind all the time and he can't remember the lies hes telling thats what that means.

    Answer by Anonymous at 9:34 AM on Oct. 30, 2008

  • if you read the whole plan (you can look it up on his website) you will understand. don't ask the idiots on here... you're just getting people's opinions.

    Answer by figaro8895 at 9:48 AM on Oct. 30, 2008

  • Yeah, I'm a little confused by this too. I've read over and over 250K, but on his commercial that I saw last night, he definately said 200K.

    Answer by DusterMommy at 9:56 AM on Oct. 30, 2008

  • I think you may be a little behind on the news. Last I heard, it's now down to $l50k.

    Answer by NannyB. at 10:03 AM on Oct. 30, 2008

  • These are the facts as follows;
    No-one making $250,000 per year or less will see a tax increase at all.
    And anyone making $200,000 or less will receive a tax credit.
    There are accually 2 parts to this plan.
    I hope this helps you.
    Have a great day :)

    Answer by Mrs_Bonsta at 10:29 AM on Oct. 30, 2008

  • Obiden said the other day it was $150,000. And when the Bush Tax Cuts expire in 2010--those making $42,000 will see a huge increase-------!

    Answer by Anonymous at 10:35 AM on Oct. 30, 2008

  • Taxes...Whether Democrat or a Republican you will find these statistics enlightening and amazing.

    Taxes under CLINTON-1999 Taxes under BUSH-2008
    Single earning: Single earning:
    30K - taxed- $ 8,400 30K - taxed $ 4,500
    50K - taxed $ 14,000 50K - taxed $ 12,500
    75K - taxed $ 23,250 75K - taxed $ 18,750
    Married earning: Married earning:
    60K - taxed $ 16,800 60K - taxed $ 9,000
    75K - taxed $ 21,000 75K - taxed $ 18,750
    125K - taxed $ 38,750 125K - taxed $ 31,250

    Answer by Anonymous at 10:36 AM on Oct. 30, 2008

  • Obama wants the tax rate to go back to where it was before the Bush tax cuts which would be those under Clinton---and he wants to raise the inheritance tax to over 30%! And that is money and property that has already had the taxes paid on it many times over!!!

    Answer by Anonymous at 10:39 AM on Oct. 30, 2008

  • Actually, yesterday Biden said it was 150,000. So next time it'll probably be 100,000, until we get back down to 42,000 or whatever the original number was.

    Answer by Anonymous at 11:06 AM on Oct. 30, 2008

  • As the anony who posted the tax table--I didn't post the above comment about Change. I don't care what color he is--it is his radical leftist, socialist, beliefs that scare me for our country. It is his past and present associations with people who hate the USA and his training under Saul Alinsky methods that bothers me. I would love to see someone like Clarence Thomas run---but he is an African American that Obama doesn't like because he really is what Obama is NOT!

    Answer by Anonymous at 11:06 AM on Oct. 30, 2008

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