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By rolling back tax cuts for high income earners, the White House said it was "rebalancing the tax so that the wealthiest pay more" to offset health costs of needier Americans.
"We must make it a priority to give every single American quality, affordable health care," Obama said.
these wealthy americans get no stimulus money, they get no child tax credit - thats limited to those making less than 150K per coulple, everyone lese gets $1000 per child back in their pocket. Also by limiting the deducitons, they will have HIGHER taxable income. Thats in addition to their higher rates. Add up the fact that they have limited deductions, resulting in a higher base for tax, NO tax credits for children, NO stimulus rebates. These wealthy people get no government assistance, they will have to pay EVERY DIME of their childrens education. Every dime of elderly care for their aging parents. But Obama is goign to f**k these people for working hard while giving THEM NOTHING. This is insane. He and many of YOU scoffed during the debates when it was said he was redistibuting wealth. HE IS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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