May 19, 2011 04:46 PM | Permalink |
Recent articles in the New York Times and the Fiscal Times entertain the notion that President Obama’s income tax plan will result in unaffordable tax increases for families who make $250,000 a year. One theme of these articles is that in some parts of the country, $250,000 is really not very much to raise a family on. A new report from CTJ explains that this is wrong on several levels.
Read the report