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According to what he has said on the campaign trail, he hopes to further lower them. He has already given two tax-cuts that were aimed at the middle class during his first four years in office, and would like to do more. (In fairness, it should be noted that many politicians say they want to lower taxes; it remains to be seen if congress will go along with what Mr. Obama says he wants to do.)
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When was Barack Obama homeless?
Barack Obama was never homeless. He was raised in a lower-middle class family when he was little, but they always had a place to live.
What is Barack Obama's socioeconomic status?
Upper middle class and is currently POTUS
Why did Barack Obama lower middle class families taxes?
It was a campaign promise that he made, and he kept it with two tax cuts that mainly benefited the middle class.
What did Barack Obama do with taxes?
As president, studies show that he cut taxes for middle-class families on at least two occasions.
Have taxes increase under Barack Obama?
No, they have not; in fact, President Obama gave middle class families two tax cuts during his first term in office.
What was Barack Obama's background?
Obama was from a middle-class family. His income was modest until he finished law school. After he became a Chicago lawyer and got into politics, his finances improved considerably.
What was Barack Obama's wealth background?
Obama was from a middle-class family. His income was modest until he finished law school. After he became a Chicago lawyer and got into politics, his finances improved considerably.
What will Barack Obama do to help our economy?
Obama will decrease the taxas on middle class and will jumpstart the economy with 50 billion dollars and will have better affordable health care for Americans and if u want a change then u better vote for BARACK OBAMALet you know info about i am full deaf i don't have enough money i want get lot money and you can help me about future and good moneyThank you Obama BarackFrom Chanielle Elliott
How does Barack Obama benefit the middle class?
He has already given two tax cuts that were aimed at the middle class, and he has said it is his intention to give further tax breaks to working-class families and small businesses. It remains to be seen whether he will be able to accomplish this.
What is Barack Obama planing to do about the high taxes?
Obama's tax plan delivers broad-cast tax relief to middle class families and cut-taxesfor small bussissness and companies that create jobs in America.
Is it true that Barack Obama attained first class in his graduate studies?
yes
Pay range betwee Barack Obama and middle class America?
His income for 2007 was roughly $4.2 million. So I'd say roughly $4.1 million.
