Community | February 01, 2010 | 2 comments

Businesses Taxed To Death!…Obama Budget Has $1.9 Trillion Tax Rise… JFK VIDEO…

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ctpatriot1970
Feb. 1 (Bloomberg) — The Obama administration wants to increase taxes on Americans earning more than $200,000 by almost $970 billion over the next decade and take in an additional $400 billion from businesses even as it retooled a proposed crackdown on international tax-avoidance techniques.

For the Full Story of the Attack on Capitalism and Death Of Business from OVER TAXING... Must READ>>>http://ctpatriot1970.wordpress.com/2010/02/01/more-broken-promises-obama-budget-...

The budget released today would reinstate 10-year-old income tax rates of 36 percent and 39.6 percent for single Americans earning more than $200,000 and joint filers who make more than $250,000 as part of a broad $1.9 trillion tax increase proposal. It proposes to eliminate preferences for oil and gas companies, life-insurance products, executives of investment partnerships and U.S.-based companies that operate overseas.
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