Where Dems get their definition of who is “rich”
President Obama’s new budget again proposes raising the tax rates for the “rich” people who make over $200,000 a year (singles) or $250,000 a year (marrieds). Capital gains and Medicare payroll taxes would also rise for these horrible rich people, and their deductions for mortgage interest, charitable contributions, property taxes, sales taxes, state and local income taxes, medical expenses, and employee business expenses would be | Read More »

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