Question:

Obama: How much tax will I pay?

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How much income tax will a single person pay on the following incomes under Obama's proposed tax plan?

$50,000

$100,000

$250,000

$500,000+

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3 ANSWERS


  1. all of it.


  2. As proposed, at $50k and $100k, less than you do now.  At $250k, about the same to slightly higher.  And at $500k, a fair bit higher.

    A key component of his plan, though not fully developed as of yet, is tax relief for middle class taxpayers and allowing the Bush tax cuts (that primarily benefited the wealthy) to expire.

  3. more than U would now

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