Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

julian09

(1,435 posts)

4. It is only a 4.6% increase on net income OVER $250,000 the first $250,000 is exempt.

Reply to louis-t (Reply #1)

Mon Sep 17, 2012, 03:47 PM

Sep 2012

You would think, that downgrading US credit rating for ANY increase however small is extreme, but it happened.
Business sitting on trillions, not hiring. Multi millionares have everything don't need anything, don't spend. If they do, will find a way
to make it a deduction.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

6 replies

= new reply since forum marked as read

Highlight:

Conservatives Have Made American Politics Simply About The Tax Rate That The Rich Pay [View all] Yavin4 Sep 2012 OP

Here's something: "Tax Cuts for the Rich Don't Spur Growth" louis-t Sep 2012 #1

It is only a 4.6% increase on net income OVER $250,000 the first $250,000 is exempt. julian09 Sep 2012 #4

That's their core issue, for their primary consituency n/t Blue Meany Sep 2012 #2

The solution is refuting the mentality that says taxes are oppression. freshwest Sep 2012 #3

Excellent observation bongbong Sep 2012 #5

That and hatred! Much of what spews from the GOP is hatred and authoritarianism. n/t RKP5637 Sep 2012 #6