Quote:
Originally Posted by woj
charge those that make LESS than 250k extra $257, those that make OVER 250k will get fucked hard, will probably pay 1000s more than they do now...  |
Heres the breakdown as far as I understand it...
Obama wants to increase taxes by 3% for those making a profit of over 250,000... remember I said profit. So if someone is making 300,000 profit... 50,000 of that will be taxed at the higher level resulting in having to pay about $1500 more than they are now for that same amount. People who are making over 700,000 profit have a higher bracket and so on.