Goodbye To Bush Tax Cuts?

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Uploaded by on Feb 26, 2009

High-income earners may now pay more in taxes if President Obama's budget is passed. The money gained would be put toward programs like healthcare and food safety inspections. Ben Tracy reports.

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  • OH I FEEL SO BAD for ppl who earn 250k or higher. so bad because obama is doing exactly what he said he would do, exactly. i feel terrible. the 3% of americans who earn 250k or higher, and live in a decent to excellent lifestyle will pay more in taxes now. so terrible. they will have to stop buying lavish things and spending money whenever they please. they will have to pay 3% more in taxes. that is so terrible. hahahah fucking serious? it will barely affect them. they earn 250k + !!!!

  • @danny5534 LISTEN! My grandfather came to this country with nothing. My father, who had nothing, worked his way up through HARD WORK!!!! He deserves that money! He put his whole life and sacrificed so many things to make his family's life easier than his. Now, he is getting punished because he is a hard worker! Now he is being taxed more because he is a deserving and loving human? He didn't get lucky. he didn't inherit wealth. He had determination, which apparently is not valued anymore.

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  • @VirtuaNick Yeah, so give back to the nation that saved your grandpa from whatever shithole country he came from. Hardworkers had to pay these taxes before, the bush tax cuts are new, and are not sustainable.

  • @sakurasanmon yes but we have to contribute to campaigns and that gets expensive.

  • @azuresaber Actually we wouldn't have had as much money for political campaign contributions if they weren't extended. Now that Obama is gonna extend them we have more money to contribute. :) Don't feel bad. You said it was okay to take from someone else. Now that you answered the morality question, I guess it is going to be taken more from you than us. Obama 2012!

  • @danny5534 ROFL............Obama 2012!!!!!!!!!!!!!!!!!!!!!!!!!!­!!!!

    You don't think our money went to waste when we financed his campaign do you? You need to learn to put your money where your mouth is or your fingers are. It will help you more. Maybe you can donante some of the money you get with the tax cuts Obama is gonna give.

  • @danny5534 ya all those lavish things they buy? thats supporting the people who made it. so sad you want to steal money from hard working americans. 

  • @noobkillerpwnz HELLO! They are cutting both medicare payments to doctors and stopping any COLA increses in Socialist Suckurity anyway.Also the tax increse would show up on retiree's S.S. checks.

  • @mrgetrealpeople It is 3% on all the 250,001 which is a tax

    increase of 7,500.03. That is enough to pay for an employee's health

    insurance.

  • @supressorgrid If the Higher tax bracket starts at 251,000 that's a tax increase of 3% on $1,000 which is $30 in additional taxes .

    I like to see an RV that cost $30

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