Join Date: Feb 2010
Location: Cartersville, GA
Re: Spreading the wealth
I couldn't help but notice that you left this part of the article out of your post...
Some people are actually claiming that their taxes went up this year, due to Obama, by 10%.
As to the article itself, there's a few things that are incorrect.
Although the number of people who don't pay taxes is probably correct ( I found that out in this thread ... Click Here - Post #153)
.. they have the income for the top 10% of wage earners way off.
It's a lot lower (more like $125,000).
It may have been a typo and they meant 'top 1%.'
It really had nothing to do with the current tax "cuts" etc. But ok LOOK guys, Obama is furthering the idea of spreading the wealth. He stuck to this one promise.
It's not a tax CUT if they are already getting more than they paid in.
Like I stated in the thread you are referencing about an increase in tax liability. My tax withholding went UP by $21 a pay period, no change in income & no change in exemption claims. Not 10% by any means but it was still an increase.
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