Would it be good if Obama lowered the lowest tax bracket from 15% to 10%?

[LoZoccolo]

[VMI Dem]

1. Only if he lowered the highest tax bracket to 0% and got Republican buy in.

[Common Sense Party]

2. Correct me if I'm wrong...but the lowest bracket IS 10%

It has been for some time--several years now.

[Joyce78]

5. Correct me if I'm wrong ...

I also thought that the lowest tax bracket has been 10%.

[RaleighNCDUer]

3. Dicking around with the rates for the people who spend every fucking cent

they earn just to cover necessities is irrelevant. It would change nothing.

Like Dillenger, if the government is needing money it needs to go to where the money is.

[Bluebear]

4. The lowest tax bracket IS 10%

http://www.fivecentnickel.com/2009/11/27/2010-federal-income-tax-rates-irs-tax-brackets/

[FrenchieCat]

6. The lowest tax bracket is already at 10%. Folks who want all tax cuts to expire

want it back up to 15%.

[LAGC]

7. Fuck it. Let it raise back up to 15%.

With this deficit we shouldn't be cutting taxes, we should be increasing them.

The longer we put off increasing taxes to pay off the debt, the more its going to hurt later.

This generation needs to man up and take one for the team, so that future generations don't end up really screwed later.

It will be this generation's Social Security that ends up being raided to help pay for it if we don't.

[inna]

8. tax cuts is a Republican agenda, HELLO.

Democratic agenda is supposed to be social justice, social safety net and pro-working class policies.