JAFO 72: Mr. Obama's Tax Reform?

JAFO 72's picture

Yesterday in Wisconsin, Barrack Obama laid down his plan for tax reform. His plan is to eliminate the income tax on seniors making under $50,000 annually. My question is this. Who will absorb this missing tax component? What of the seniors making $50,001 or more? What about the rest of Americans making 50K or less.

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