Am I getting this right?

Poor Joe the Plumber is worried about paying higher taxes under Obama, so he won't be able to afford to buy his business. And yes, he'll pay some extra, though it may be offset somewhat by health care credits. But let's not even worry about those credits.

If Joe earns over $250,000 per year, he'll pay 39% rather than 36% on the amount over $250,000. So let's say he's making $360,000 per year. Yeah, already hard to be sympathetic, isn't it? And now he has to pay more taxes. How much more? 3% of 110,000.

$3300. Per year. Oh poor Joe, my heart is breaking. Why, that's...... about 3 days' gross wages. Okay, 6 days, net.

Buy your business NEXT week, Joe. And donate a days' wages to the local food kitchen while you're waiting.


edited to add: In fact Joe "isn't "even close" to earning $250,000 so he'd get a tax break under Obama, and be able to buy his business even sooner!

I am mighty!

Kidlet worked today, hubby took his mother to Fort Ticonderoga-- and I stayed home and filed all the accumulated paper on my desk! And found the missing tax bill that we have to copy for the mortgage company!

And I also practiced organ and taught a piano lesson. Definitely a productive day!

Ack! They've rearranged my Flickr page. Where did "comments" go?