Friday, February 27, 2009

Obama's Budget

I posted the following on a GDoc

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If you will send me your Email address
Mine is
I will send you updates.
Good news
increased funding for family planning.

Tax increase for the Rich
that make OVER $250,000

What do YOU make?

Families would get an $800 Tax Credit

Encourage businesse to encourage 401K plan for workers

Limit US Based Multinational businesses from hiding Overseas Earnings, and pay NO Tax on them.

Private Equity Managers would pay Regulare income tax rates NOT capital Gains taxes rates

Big Farms with income of $500,000 would get NO subsidies.

Move to Universal Health Care
Index Pell Grants

End the war in Iraq.
Be careful What you read
for example =
WSJ - front page = "Top tax rate for couples would  rise to 39.6% from 35%"
But it left out = FOR COUPLES EARNING $250,000.
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