barack obama tax proposal 2009

FACT CHECK: Obama and his book The Big Book of balance does not seem to be adding Tuesday night when President Barack Obama urged more spending on the one hand and a spending freeze on the other.
President Obama’s Deferral Proposal: Hamstringing American Companies, Reducing American Jobs

OBAMA (low-/ + increase) Avg. Bill revenue?

This is how the average tax bill could change in 2009, while John McCain or Barack Obama's tax proposals were fully in place. OBAMA (low-/ + increase) Avg. Bill of tax revenue: More than $ 2.9 M + $ 701,885 and up to $ 603K + $ 227K-$ 115.974 $ 603K + $ 12 $ 161K-$ 227K – $ 2,789 USD 112K-$ 161K – $ 2,204 USD 66K-$ 112K – $ 1,290 $ 38K-$ 66K – $ 19K-$ 1,042 $ 38K – $ 892 less than $ 19K – $ 567 Source: Tax Policy Center

It looks good for the average man, at first sight but I have some problems with this formula. First, we can not always expect people to do well to take the rest of us. If you're on the road success and know that government is going to take 40 or 50% of what they do, where is the incentive to achieve. Of course, if you have money, Hurst less when you have pay the tax, but still disagree with the concept of being forced to pay for welfare programs. Also, what is not explained here is the little "Sly" taxes to be built in the code. The numbers above are only averages stadium. People who make $ 100,000 a year will have to contribute more social security system and Medicare taxes. However, they receive no greater benefit at retirement. Returning to the tax tables to pre-Bush error, every dollar that from the first dollar earned is taxed at 15%. At this point, the first $ 6,000 is taxed at 10%. In addition, there will be changes to the numbers phase and things the average person is unfamiliar with. Again, clever tatics.