Barack Obama and Joe Biden's Campaign Promise

Family

Strengthen Retirement Security



Eliminate Income Taxes for Seniors Making Less Than $50,000:

Average 1.0 (3 votes)



    Obama and Biden will eliminate all income taxation of seniors making less than $50,000 per year. This will provide an immediate tax cut averaging $1,400 to 7 million seniors and relieve millions from the burden of filing tax returns.