Obama plays on a false myth that taxes only affect the wealthy

Tax Change Hurts Seniors,Workers,Jobs

By Dr. Tony Magana —— Bio and Archives--May 13, 2009

American Politics, News | Comments | Back To Full Article

The proposed capital gains and dividend tax increase by the Democrats and President Obama plays on a false myth that such taxes only affect the wealthy. An analysis of this measure shows that it will negatively impact America’s seniors, the value of retirement plans of American workers, reduce the capital needed to rebuild the economy, and # the growth of the American jobs.

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