Obama’s Tax Gap is Over $250K…Pay Up!

By: Brian M. Johnson (Diary)  |  October 27th at 11:12 AM  | 

Guess what…If Barack Obama’s tax hike had been in place since 2001, he would have paid over $250,000 more in income taxes than he actually did. This assumes that the 33% bracket stayed at 36%, and that the 35% bracket stayed at 39.6%. Here’s the breakdown: 2001 – $420 2002 – $585 2003 – $910 2004 – $0 2005 – $60,257 2006 – $27,002 2007 | Read More »