What will happen in 2011 when all of Obama's tax hikes take effect?

[Yin]

I know, Liberals think taxes are going down, but let's pretend we're in reality for a minute. Income taxes are going up, Dividend taxes, Capital Gains taxes, Marriage penalty returns, Death Tax goes from 0% to 55% and on and on and on.

 

[D.R. East-Coast Elite]

If income taxes go up on individuals making under $250,000 a year, it is political suicide, he made that promise very clear.

If that does happen, he will not be reelected.

And note, I am talking about income tax, not dividend or capital gains.

I'd also like to see your source on that death tax going from 0% to 55% please.

 

[JRH]

I am happy to see you make more than $250,000 year! I will cry for those people every day even get a bucket!