09-08-2004, 08:27 PM
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#3999
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World Ruler
Join Date: Apr 2003
Posts: 12,057
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Free speech for me, but not for thee.
Quote:
Originally posted by Mmmm, Burger (C.J.)
It does, but I think the "middle class" would be pretty surprised to learn that while Kerry would "roll back" the bush tax cuts for the "rich" making over $200k per year, the middle class consisting of anyone making (per person) between $87,900 (current cut off, I think) and, say, $120k, all of a sudden got a flat increase of 6.2%, or up to nearly $2000.
And that's some nice wordsmithing, because I agree that anyone who "needs" it are not those who would be means-tested out. But that's not a very realistic approach--aren't you already taxed on 85% of the SS payments if your income is over a certain amount (the tax is not 85%, but you pay income tax on that amount). Do you raise that to over 100%?
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Let's not forget this.
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