Friday, December 7, 2012

Despite GOP Fearmongering, Many Making Over $250,000 Will See Little-To-No Tax Increase Under Obama’s Plan

Despite GOP Fearmongering, Many Making Over $250,000 Will See Little-To-No Tax Increase Under Obama’s Plan: Republicans are dead set against President Obama’s plan to raise $1.6 trillion in new revenue through tax increases on Americans making over $250,000. Their argument generally boils down to warnings that the drag of the added tax burden on “job creators” will be so severe it will damage the entire economy. But as a new [...]/p