Foreclosures Evictions and You: Can you afford 50% tax?: "I'm kind of confused on where he stands but mostly it will be a 40% tax rate for sure. I guess in his mind that is a CUT because although it is higher than it is now, it is less than what he originally wanted? who know?
He further confuses me by saying this on his website
'Families making more than $250,000 will pay either the same or lower tax rates than they paid in the 1990s. Obama will ask the wealthiest 2% of families to give back a portion of the taxes they have received over the past eight years to ensure we are restoring fairness and returning to fiscal responsibility. But no family will pay higher tax rates than they would have paid in the 1990s.'"
EDITOR: I am reposting this and hoping many will read it as they wonder why the economy is not recovering and wonder "Why aren't things getting better?".