Something we're not getting across, and this includes Obama's killer Buffet Bill speech --
that those who make over $1M are only paying an increased tax rate on the amount OVER $1M -- do I have that right? They are leaving the first million alone.
I was watching this with a co-worker who said "we're paying a higher rate" (I was surprised he was even aware of that) but when I explained that the increase is for income OVER the first million, he was surprised. And pissed that they'd be whining about that.
Am I correct in this? Hope so, because that's what I've been telling everyone who mentions it (and who will listen to me).
And if I am correct, WHY haven't we made it clear so EVERYBODY knows? Needs to be a sound bite somehow.
= new reply since forum marked as read
so many people are clueless about taxes... must educate... 
of the masses. Too many people won't be listening to Obama's speeches.
Don't know how they could get it into a one-liner that would hit home and turn on the light bulbs, but I really thank that's what we need to do.
I missed it during Obama's speech, so did my coworker who was watching with me. Can't be part of an explanation, needs to be stand-alone somehow.
IMO, natch. 
