Taxes under Clinton 1999
Single making 30K – tax $8,400
Single making 50K – tax $14,000
Single making 75K – tax $23,250
Married making 60K – tax $16,800
Married making 75K – tax $21,000
Married making 125K – tax $38,750
Taxes under Bush 2008
Single making 30K – tax $4,500
Single making 50K -tax $12,500
Single making 75K -tax $18,750
Married making 60K- tax $9,000
Married making 75K – tax $18,750
Married making 125K – tax $31,250
Both democratic candidates will return to the higher tax rates
It is amazing how many people that fall into the categories above think Bush is putting it to them and Bill Clinton was the greatest President ever. If Obama is elected, he says he will repeal the Bush tax cuts and a good portion of the people that fall into the categories above can’t wait for it to happen.
This is like the movie ‘The Sting’ with Paul Newman; you scam somebody and they don’t even know what happened.
Additionally:
In just two years. Remember the election in 2006?
A little over two years ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) The unemployment rate was 4.5%.
Since voting in a Democratic Congress in 2006 (WHO PROMISED CHANGE) we have seen:
1) Consumer confidence plummet;
2) The cost of regular gasoline soar to over $4.00 a gallon;
3) Unemployment is up to 5% (a 10% increase);
4) American households have seen $2.3 trillion in equity value
evaporate (stock and mutual fund losses);
5) Americans have seen their home equity drop by $1.2 trillion
dollars;
6) 1% of American homes are in foreclosure.
America voted for change in 2006, and we got it!
Remember it’s Congress that makes law not the President.
He has to work with what’s handed to him.
