Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 11-23-2008, 09:57 PM
Junior Member
 
Join Date: Mar 2007
Posts: 21
Will President Elect Obama still raise taxes in this recessionary environment?

Considering the current US economic crisis, especially the rapid deterioation of the economy characterised by the total collapse in the financial sector, do you think the new President elect would even dare to raise Individual income tax rates for the upper middle class?

I think that raising taxes would have a tremendous detrimental impact on the already fragile US economy..!

Any thoughts on this?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Do you know how much will our taxes increase under President Obama administration? Edmund Democrats 0 11-09-2008 10:23 PM
What would be the impact of the Obama Tax Policy on the economy? apadox Democrats 0 09-06-2008 03:55 PM
Providing employees a W-2 and 1099-Misc in same year will raise a Red Flag! TaxGuru C-Corporation 0 07-22-2008 11:57 AM
Which Tax Policies would you want the next US President to implement? TaxGuru Miscellaneous 6 07-21-2008 11:26 AM
What deductions I can claim if I elect to Itemize on my tax return? beedab Itemized Deductions 1 03-12-2008 05:48 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.