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To: flyfree
I hope the media will talk about how Obama will let the Bush Tax Cuts expire at the end of 2010, which will raise your taxes beyond anything he would cut in 2009.

Your tax rates will go back to the 2000 year rates at the end of 2010. This is a tax increase by any standards, but Obama calls it a “lapse in a tax cut”. Hopefully McCain will get the word out. Example, a married couple with a taxable income of $75,000 will see a tax increase of over $3,800. Does not include increase in cap gains or SS tax.
You can figure yours at:

http://www.moneychimp.com/features/tax_brackets.htm

87 posted on 10/31/2008 7:02:53 PM PDT by bobsunshine
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To: bobsunshine

THANKS,,nice little calculator!


96 posted on 10/31/2008 7:16:53 PM PDT by cajungirl (no)
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