Sunday, August 01, 2010

now how much will you pay?

And the debate rages.

Everybody's wondering, if Obama's revised tax plan is adopted, will it cost me more than I'm paying now?

Fox News and the Republicans say we'll all be on the hook for more money if the Obama plan goes through. Liberals and the Democrats say only gazillionaires will be affected.

This handy, dandy chart, courtesy of the Wall Street Journal (of all places) which I schnorred from Barry Ritholtz's econ blog, The Big Picture, will tell you, and removes all doubt.

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