Obamas Tax Hikes on YOU

Senator Obama's Four Tax Increases for People Earning Under $250k

Attention people with 301  & 410 Area Codes - I'm trying to save myself from you.

Let's make this short,  and simple enough that even Maryland voters can understand it. “ I chose the 2000 tax tables as my baseline -- they reflect the tax rates that Senator Obama will restore by letting the "Bush Tax Cuts" lapse.  I wanted to see what that meant from my tax bill. For a married family, filing jointly and earning $75,000 a year, this increase will be $3,074.  For those making just $50,000, this increase will be $1,512.  Despite Senator Obama's claim, even struggling American families making just $25,000 a year will see a tax increase -- they'll pay $715 more in 2010 than they did in 2007.  Across the board, when the tax cuts lapse, working Americans will see significant increases in their taxes, even if their household income is as low as $25,000.  See the tables at the end of this article.  And that's just the beginning.  [source] Copy and e-mail it to the world ”