Detailed text transcripts for TV channel - FOXNEWS - 20100413:01:01:00
Under president obama. it appears the president and speaker nancy pelosi plan contactling that deficit in part by raising taxes. currently the top income tax bracket 35%. the president has proposed raising that by 5%. also calling for a jump in medicare from 2.9% to 3.9%. those earning over a million dollars will be slapped with an additional 5.4% surtax bringing the grand total for top earners in the country to 53% up from 42% undercurrent law. that does not include your state income tax, property tax or sales tax this is the type of change president obama is bringing to the america. this is ...