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Obama's Democratic Base Unhappy About Deal

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palomino12/07/2010 12:16:53 pm PST

re: #56 Gus 802

I’m not sure if that percentage is right. A good percentage of Americans don’t pay any taxes no? Plus I’m pretty sure that more than 2 percent of Americans earn 200K and above.

Only about 2-3% of American households make 250k+ (or 200k if individual). It’s hard to believe sometimes if you live in an upper class suburb in a big city, but it’s true.

And most of those who are just a little above 250k would feel little impact from a tax increase of 36% to 39%. The first 250k are taxed at the lower rate. So a family making 300k only pays the higher rate on 50k of the total 300k.