Obama’s rude shock to six-figure earners
Filed Under (World Economy) by Fred Chan on 01-03-2009
Tagged Under : Obama, policies, tax
During the presidential campaign, Barack Obama tempered his pledge to substantially raise taxes for high earners with an important proviso: He’d simply restore rates to their levels during the Clinton Administration. The implication was that families in the upper brackets would see their total tax bite go back to the levels of the 1990s, but no higher.
