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To: SeekAndFind
He said that raising the highest bracket from 35% to 39.5% is only a 4% hike and won't even be noticed by high earners.

I'll betcha most people in that bracket learned enough in high school to know that hike is more like 13%. Maybe community organizers don't have to take math in high school ...or college, for that matter.

7 posted on 11/13/2012 7:16:42 PM PST by Baynative
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To: Baynative

RE: I’ll betcha most people in that bracket learned enough in high school to know that hike is more like 13%. Maybe community organizers don’t have to take math in high school ...or college, for that matter.

____________________________

From this thread:

http://www.freerepublic.com/focus/f-bloggers/2950605/posts

Leno read the president a question from a viewer asking him what subject was the most difficult to help his daughters with, while doing homework.

“Well, the math stuff I was fine with up until about seventh grade,” Obama said. “But Malia is now a freshman in High School and I’m pretty lost.”

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The interesting thing is he went to Columbia and Harvard. My question would be this -— What was his SAT Math score?


11 posted on 11/13/2012 7:22:47 PM PST by SeekAndFind
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To: Baynative

A rate increase from 35 to 39.5% is a FOUR PERCENT HIKE!!??
If Obama actually said that it is further proof that he is a MORON.
I’d love to see him on “Are you smarter than a 5th Grader?”


20 posted on 11/13/2012 8:24:55 PM PST by supremedoctrine
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To: Baynative

“Four percent” or “Four percentage points”?
Pfft...a mere trifle when you’re The Won.
Remember, he said a couple weeks ago “Math is Hard” and admitted he can’t help his daughter with her 7th grade math problems.


30 posted on 11/13/2012 10:05:05 PM PST by ProtectOurFreedom
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To: Baynative
He said that raising the highest bracket from 35% to 39.5% is only a 4% hike and won't even be noticed by high earners. I'll betcha most people in that bracket learned enough in high school to know that hike is more like 13%.

Throw in the extra 3.8% for Obamacare, and increased Medicare taxes on high-earning self-employed, and it's 4.7% on top of the 4%. That makes it more like 25%, more or less.

And then, if the well-off die, what they've managed to save on the first go-round of taxes will get creamed by dramatically increased estate taxes. And, no, other taxes, like state and sales taxes aren't going down, either.

32 posted on 11/14/2012 6:03:02 AM PST by Pearls Before Swine (Cynical about the political process. Who, me?)
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