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Originally Posted by Quicksilver
Analysts calculated that the extra tax would amount to $900, which would likely be more than offset by separate provisions of Obama’s plan: a 50 percent tax credit for health care and elimination of the capital gains tax for small businesses.
In this specific case it doesn't sound much like wealth distribution to me.....
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BINGO...Obama is going to need to lower that income bar to pay for his education, health-care, and other spending projects because his campaign plan won't raise enough income to pay for a fraction of what he is proposing. Remember, his 250K plan is only a campaign slogan. Once in office he can change that threshold to cover his spending plan like many politicians have done in years past. His excuse will be the economy is worse than once thought and he will need to be more aggressive.