To: Steelfish
Let's see. $16 million salary, 4.6% rate increase (from 35% to 39.6%) at the end of Bush's tax cuts = $736,000 more to pay to Obama. Now, if Obama starts collecting SS taxes on every penny of wages as has been floated that would be an extra $986,000. And don't even get me started on what a progressive tax for Obamacare could do to your wallet.
6 posted on
10/22/2009 5:06:18 PM PDT by
KarlInOhio
(Soon everyone will win a Nobel Peace Prize for not being George Bush...well, except for George Bush.)
To: KarlInOhio
Thanks for doing the math Karl!
I’ve retired this year and “gone Galt”
Glad to see that LeBron will be helping pick up the slack, LOL
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