When the idiots who voted for Obama find out that 80 percent of their paychecks are going to pay taxes, they’ll wake up.
My wife and I are in that “evil” group of “selfish people” making over the $250,000.00 per year threshold that are considered super rich by Mr. Obama’s standards. All folks with this income level are subject to the AMT (Alternative Minimum Tax) an ugly little side letter to the current tax code that basically disallows most if not all itemized deductions to our gross income. In a nut shell our mortgage interest and double digit property taxes and any other itemized deductions, entitlements enjoyed by a good part of the electorate are not deductible for us. It’s a tax on a tax and I find it very interesting that none of the candidates even bring this up. People in these so called “higher” brackets are literally being strangled by these taxes. We pay much more than our fair share and we’re sick of it!!!