Obama’s tax dilemma: $1M or $250k?


English: Humorous flags of "commie" ...

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By Bernie Becker – President Obama faces a difficult choice in his upcoming budget: Stick with his policy of raising taxes on families making more than $250,000 annually or boost that threshold to $1 million.

The president’s decision has major political ramifications, as Democrats and Republicans are expected to clash repeatedly this election year over taxes.

Congressional Democrats believe they have had success in recent months pounding Republicans for siding with millionaires and billionaires over the middle class— leading some to claim that the $1 million threshold offers better messaging opportunities than the $250,000 mark. more> http://is.gd/SnFPQ4

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