Managing Editor of the Baltimore Chronicle writes how Michael Boskin's article in WSJournal misrepresents history and calculations of Obama's tax plan. A table lets us know how tax rates are applied. Top rate of 35% applies after about $350 thousand of taxable income. No taxes on taxable income under 7,825. |
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At www.consortiumnews.com
Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.