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Old January 4th, 2013, 12:17 AM   #20 (permalink)
Speed Daemon
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Originally Posted by cjr72 View Post
The thing is Obama's rhetoric was about raising taxes on millionaires and billionaires. Starting at 250k was already stretching that definition.
Now that the definition of a millionaire is someone who has an income of at least $1,000,000/year, taxing at $250,000/year is only 25% of the limit. How is that stretching? It's not even pushing the limit.
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