Who Pays for the Economic Stimulus Rebate Package of 2009?

Barack Obama has proposed a new economic stimulus package. Part of this stimulus package is to raise taxes on the wealthy in order to lower taxes on the middle class. The plan outlines an increase in taxes for couples who earn more than $250,000.00 per year and an increase for individuals who earn more than $200,000.00 per year. This high income group of taxpayers could see a large increase in their taxes which would cost them thousands of dollars.

If you are high income, this plan could affect you in the following ways: Read More