WhatFinger

Seniors spent a lifetime accumulating savings, rely on their IRAs as their main source of income would all see their taxes go up under the Obama plan

Obama Plan Would Hurt Seniors First and Foremost


The media would have you believe that the Obama tax plan calls for income tax cuts for all who earn under $250,000 a year. Sen. Obama has changed that figure many times and his voting record shows a desire to raise taxes on those earning just $42,000 a year. But the worst part of his plan is his attack on seniors, a detail that the mainstream media has conveniently chosen to ignore. This comes in the form of an increase in the capital gains tax rate, a measure that Barack Obama has strongly advocated since the beginning of this campaign.
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