Bush tax cuts, good or bad? Obama/Clinton say no.
Taxes under Clinton 1999
Single making 30K - tax $8,400
Single making 50K - tax $14,000
Single making 75K - tax $23,250
Married making 75K - tax $21,000
Married making 125K - tax $38,750
Taxes under Bush 2008
Single making 30K - tax $4,500
Single making 50K - tax $12,500
Single making 75K - tax$18,750
Married making 60K- tax $9,000
Married making 75K - tax $18,750
Married making 125K - tax $31,250
It is amazing how many people that fall into the categories above and think Bush is screwing them and Bill Clinton was the greatest President ever. If Obama or Hillary are elected, they both say they will repeal the Bushtax cuts and a good portion of the people that fall into the categories above can’t wait for it to happen.
Why is getting taxed more a good thing? http://www.taxfoundation.org/publications/show/151.html
July 13, 2008 at 6:24 pm
[...] has some interesting Obama tax info here RSS [...]