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Obama: Payroll tax on incomes above $250,000

Tags: Barack Obama, Campaign, Democrat, media, news, Ohio, Security, Tax, video

June 13: During a campaign event in Columbus, Ohio, Sen. Barack Obama says that he would apply the Social Security payroll tax to all annual incomes above $250,000. (NBC News Web Extra)Democrat Barack Obama said Friday he would apply the Social Security payroll tax to all annual incomes above $250,000, which would affect the wealthiest 3 percent of Americans.



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