the Bureau of Labor Statistics reports the average annual wages in the U.S. as $36,764 for 2002. In 2006, the median annual household income was $48,201.00Thank goodness Charlie is there to put the candidates' feet to the fire and make sure that no one making $100k-$250k should have to worry about a tax increase.
One thing that sails straight over his head is the link between capital gains tax and revenue from it. When you cut the tax, people are more likely to seek short term profits and create a bubble. So Charlie, what do you think about the internet bubbles and the housing bubble that was caused in part by low-cost loans?
