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Why didn't obama say he wouldn't say if he was going to take the taxes out of the net or gross?

Published by: smith 2010-03-14

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    Gee, since gross pay is before taxes and deductions and net pay is after taxes and deductions what do you think?



  • I was wondering the same thing---but was corrected on the terminology......gross or ADJUSTED gross---it comes out of the ADJUSTED gross, that is, after you have taken all of your deductions if you itemize.
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  • Because that question doesn't make any sense.

    Your net pay is your gross pay minus your taxes.


  • Because it would be presumed to be adjusted gross income.


  • your Gross income is your total earnings before any ADJUSTMENT line 23 Thu 37 on your 1040 then come your deductions, exemptions, and then taxes Credits & withholding......
    Look bottom line OBAMA will NOT increase your tax unless you make over $200,000 and it sounds like you DON'T so vote OBAMA I think you need a tax Break.



  • evidently he does not have a clue.
    ok that is not right. but saying he doesn't know is better than saying out of your gross or net. It makes it unreal until it happens.
    But any tax will be taken from your gross income.
    because what you take home is your net.
    If he taxes that than it is not your net anymore.
    regardless taxing your gross will make you bring home less net so either way he gets more of my mmoney
    we might as well live in canada.lol





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