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What is obama going to do if he becomes president about taxes?
Wiki User
∙ 15y ago
unless your family is making $250,000 a year or more, you will not be affected by obama's tax plan
Wiki User
∙ 15y ago
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What is President Obama going to do for California?
cut taxes for middle class and higher taxes for millionairess
Why did they elect Obama as President of the US?
They elected Barack Obama because the people of America chose him of what he was going to change, imporve and what he was going to do for America for the future.
President Obama has done a good job?
Well Hes a way better president then Romney will be. Romney is going to raise our taxes for the middle class and going to cut out taxes for the rich! Obama has done many great things hes not the monster Romney is! You see Obama really tries but congress fights him...... We think its because hes black. If you want a good president VOTE Obama!
Does President Obama have a plan to lower US's national debt?
YES, he is going to raise taxes on the higher class.
What did President Obama do to be president?
He campaigned and offered lower taxes
Does Barack Obama support taxes?
There is no such thing as "supports taxes" or "does not support taxes." Taxes are a fact of life, there is no way for Pres. Obama to not support taxes. President Obama supports a progressive tax, meaning rates are higher on the rich then the poor.
What does john mcain want to do with the Economy?
John Mcain is not going to higher taxes, and if he wins he will do good as President of the US. On the other hand, Barack Obama is going to higher taxes, and still will be a good President. John Mcains vice president is Sarah Palin, Govenor of Alaska. Barack Obamas vice president is Joe Biden, A senitor. Thanks for asking on wiki!
What is Barack Obama lowering taxes for if you dont make how much a year?
he is the president
What percent of taxes did obama pay in 2011?
According to their tax returns, Mr. and Mrs. Obama were taxed at an effective rate of 20.5%. I enclose a link to the President's 2011 taxes.
What did Barack Obama do with taxes?
As president, studies show that he cut taxes for middle-class families on at least two occasions.
How many tax returns have been released by Obama?
Both President Obama and Vice President Biden have released eleven years of their taxes. I enclose the link where you can look at them.
Can a president raise or lower taxes?
No. The President has no power over taxes. He can ask Congress to raise the income tax, but they tend to do what they want to do. President Obama did ask Congress to increase the income tax on high incomes.
