In response to:

'Bait and Switch' Taxes

ebartee Wrote: Sep 05, 2012 2:15 PM
33% on taxable income over $178,650 to $388,350, plus 35% on taxable income over $388,350. Obama proposed to raise the rate on people making over 250k by 3%, but that only applies to the income that is OVER 250K. These people pay the same rates as everyone else on their income below 250k. So the rate increase does not affect you at all if you make 250k...if you make 250,001 it would affect the tune of 3 cents.
We have heard many times from President Barack Obama how he plans to raise taxes on "millionaires and billionaires," but not on the middle class. Apparently, if you don't happen to be a millionaire or billionaire, you don't have to worry.

But the numbers say otherwise -- and say so big time.

The actual tax increase plans being proposed by Obama do not start with people who have an income of a million dollars a year. They start with people with incomes of $250,000 and up.

That is more than most people make, but it...