Obama's tax plan for singles and lower class citizens.?

Question

Is he promoting all single men and women to go out and have babies so they can share in the 'tax break' he promises for only the middle class?

Where will he get this money to give back to them? What reform is he going to purpose for his tax plan?

Answer 1

Go to the Tax Policy Center which is a non-partisan group that takes a look at each candidates tax plan. Shows what the tax burden will be like based on income and does an overall analysis.

Essentially his plan is to repeal the Bush tax plan and shift the tax break downward. So if you made 37,000 a year. On the Bush plan (which McCain will renew) you save $118/year. On the Obama plan you would save $897/year.

With the Obama plan, if you make over $250,000 a year, your taxes will go up. If you make $275,000 your taxes would go up around $2500/year.

Answer 2

4 mins and still no answer.  No body freakin' knows!

"Just words, just speeches." - Obama