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Old 10-30-2008, 07:25 AM   #42 (permalink)
aceventura3
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Location: Ventura County
Quote:
Originally Posted by Derwood View Post
I don't know how much more than $250k your parents make (nor is it my business), but take a look at this chart and see what they'll pay:

The question that Obama people won't answer - Why do they think a person making $2.87 million or more is going to pay an additional $700,000 in taxes without taking action to minimize that amount? Again, we are talking an addition $700,000, that is 24% of $2.87 million, that is a big motivator to defer income or to restructure income so that it is non-taxable. If they do pay it, that amount equates to a large number of people they won't employ, a large amount they won't reinvest in business growth.

This is the point McCain is trying to make about not raising taxes in a recession. Obama people don't get it and ignore anyone making an attempt to point out the problem or they understand it and lie about it.
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