And politics is all about economics, then I would have to say most of the people I know should prefer Obama's proposed tax policy to simply extending the Bush tax cuts. Or at least that is how this chart from the
Wall Street Journal reads.
Via
Kevin Drum.
3 comments:
Looks like it might be a good idea to get married and have a couple kids, too. Just sayin'.
What about all of obama's new taxes on "sin" products such as cigarettes, tanning, "junk" food. Then you have all the fun taxes like death tax, cut in child tax credit, and capital gains tax?
Anonymous - There is no such thing as a "death tax". There will be, next year unless Congress loses its mind, a tax on estates over a million dollars - more of a Paris Hilton tax, impacting heirs of millionaires.
Tough to feel too upset about that one.
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