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View Diary: Nancy Pelosi & House Dems Just Filed The Discharge Petition (215 comments)

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  •  Not "income <$250,000" first $250K of income (6+ / 0-)

    the difference is signficant.

    The right has been selling this as a tax increase on the rich.

    In fact, high earners would get the same tax cut as everyone else; continued reduction in income tax on the the first $250,000 of taxable income.

    So, if your taxable income is 300,000, you get the low Obama rate on the first $250,000 and the higher rate on the last $50,000.

    Not sure why the Dems aren't pushing that meme harder.

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