Today President Obama made it clear that if your making over $250,000 that you should be paying more taxes. Eric, who owns several restaurants in New York earning over a million a year, said, "If I really have to change my lifestyle because I'm being overly taxed, then I'm kind of doing something wrong to begin with." Other taxpayers believe that $250,000 just isn't what it was 10 years ago.
"Somebody close to me makes a bit over $250k a year with stock, etc., and paid $85k in taxes last year. Is that not enough? They have a decent lifestyle, but it's far from what most people would call 'wealthy,' " said Francois of Takoma, Washington. Obama's tough relationship with the business sector and the proposed increase taxes is going to go over well with the financial sector, many say. However, Warren Buffet, CEO of Berkshire Hathaway, stated that people at the higher end should be paying more taxes because they have had it better than other. There continues to be an ongoing battle between people of different classes, on Facebook and other media, regarding who should be paying more taxes.
In my opinion, people making $250,000 a year should not have to pay more taxes, as they are probably shoveling out enough of their income for taxes. Although, it would benefit for government use in some ways it really does take a large amount of there earned income, which isn't right. If Obama is going to tax the rich he should raise the income level to $500,000 or greater. These consumers are living in extreme luxury and are in no way affected by any change in the economy and there are plenty of taxpayers in this tax bracket.
"Somebody close to me makes a bit over $250k a year with stock, etc., and paid $85k in taxes last year. Is that not enough? They have a decent lifestyle, but it's far from what most people would call 'wealthy,' " said Francois of Takoma, Washington. Obama's tough relationship with the business sector and the proposed increase taxes is going to go over well with the financial sector, many say. However, Warren Buffet, CEO of Berkshire Hathaway, stated that people at the higher end should be paying more taxes because they have had it better than other. There continues to be an ongoing battle between people of different classes, on Facebook and other media, regarding who should be paying more taxes.
In my opinion, people making $250,000 a year should not have to pay more taxes, as they are probably shoveling out enough of their income for taxes. Although, it would benefit for government use in some ways it really does take a large amount of there earned income, which isn't right. If Obama is going to tax the rich he should raise the income level to $500,000 or greater. These consumers are living in extreme luxury and are in no way affected by any change in the economy and there are plenty of taxpayers in this tax bracket.

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