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HOPE FOR HIGHER TAXES
May 08, 2008
Roni Deutch is reviewing the tax policy proposals of the remaining presidential candidates. From her Obama review:
In addition to letting the Bush tax cuts expire, Obama also advocates increasing the income cap on payroll taxes. This would essentially be a huge tax increase for taxpayers earning between $97,000.00 and $250,000.00, which goes against Obama’s prior commitment to not raise taxes on individuals making less than $250,000.00.
It would make me bitter, if I didn't have so much hope.
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