I asked that question to a friend of mine and he responded with this:
At the very least, I expect the tax on money I make from investments to go from 15% to 29%, ie almost double. Since I have a family member who will need to be provided for after I'm dead, this concerns me greatly.
Second, since the elimination of the marriage penalty was one of Bush's tax cuts, and Senator Obama wants to let all of Bush's tax cuts expire, I guess I can look forward to being financially penalized again just for being married;)
Third, currently about 32 percent of income tax filers either don't pay any income tax at all, or even get money BACK from the government. According to Senator Obama's web site, he wants to add 10 million people to the number who don't currently pay taxes. I have yet to hear how he is going to buy these 10 million votes... err... whatever you want to call it... by only raising taxes on the "wealthy."
Can somebody from the Obama Campaign address these compliants so I have a better idea what to say for the next 6 months when I battle McCain supporters about Obama "raising taxes"?
