Here's something to tell the troll about Sammy's proposals):


What Obama means by tax the wealthy

Here's a closer look at how the Democratic candidate defines well-off for different households, and what his proposals will mean for them.

By Jeanne Sahadi, CNNMoney.com senior writer

Last Updated: June 28, 2008: 9:52 AM EDT


FIRST 100 DAYS

200 days: Obama and the economy
Obama's tax promise: Too tall an order
9% of late home loans get help
Bailout money we can kiss goodbye
Have we hit the bottom?
Deficit: Just too   big




Issue #1: America's Money - Everyday on CNN



How Obama would tax wealthvideo

How Obama would tax wealth



NEW YORK (CNNMoney.com) -- Most voters are aware that Barack Obama wants to raise taxes on high-income taxpayers if he's elected president in November.

But what does the Democratic candidate mean by high-income? Who'd be affected and how? While the Obama campaign must still settle on more details about their plans, outlines are starting to emerge.

To start, Obama frequently cites $250,000 as the line between those who would be subject to higher taxes and those who wouldn't.

Indeed, under Obama's tax plan, married couples with at least $250,000 in gross income are likely to see their taxes go up if Obama is elected president.

But what about single filers? The line for them would likely be about $200,000, according to an Obama adviser.

Those groups could end up paying anywhere from several thousand dollars to tens of thousands of dollars more to Uncle Sam than they do now, according to estimates from the Tax Policy Center.

I'll take Trumps tax plan any day, half this country doesn't pay Federal or State taxes at all, so what does it matter to them, I'll tell you one thing, those who pay no taxes at all get some kind of weird azz kick out of the Government playing the part of school yard bully when it comes to our hard earned money.