I painfully went through the details of the Obama Tax Plan, what I found in the document is very different than what he's been saying, starting with the fact that the top 5% of all income earners start at $166,000, not $250,000 (all tax rates listed and statistics were found at WWW.IRS.Gov).
Bottom line, families making $64,000 (the middle class?) will see there tax rate double after Obama lets the 2003 "Tax Cuts for the Wealthy" expire.
I did my best to make the numbers clear, but I suggest you check for yourself if it really matters.
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