According to the Tax Policy Center, here is how Obama's tax plan breaks down for individuals:
$0-$18,891 = $567 tax cut
$18,982-$37,595 = $892 tax cut
$37,596-$66,354 = $1,118 tax cut
$66,355-$111,645 = $1,264 tax cut
$111,646-$160,972 = $2,135 tax cut
$160,973-$226,918 = $2,796 tax cut
$226,919-$603,402 = $121 tax increase
$603,403-$2.87 million = $93,709 tax increase
$2.87 million-plus = $542,882 tax increase
This is the part that gets to me:
"$226,919-$603,402 = $121 tax increase"
People netting up to SIX HUNDRED THOUSAND DOLLARS A YEAR will see there taxes go up by a HUNDRED AND TWENTY ONE bucks.
And they're screaming like it's the end of the world.
That's SOCIALISM.
They will look you in the eye, and tell you that that $121 will make people not want to make half a million dollars a year.
And they actually don't realize how INSANE that is.
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