Posted on 04/23/2012 3:27:25 PM PDT by rightjb
We're 8 Months Away from Being Massively Screwed by Tax Increases ~ @PolitiJim's Rants for Reasonable People |
EXCERPT:
Taxmaggedon is coming. Remember the Bush tax cuts? Well they are expiring on January 1, 2013. The payroll tax cut? It's expiring on January 1, 2013. The AMT patch? You guessed it, it expires January 1, 2013. In all, taxes are set to go up by a whopping $494 billion in just 8 months time (that what happens when you keep kicking the can down the road). And I am not talking about them going up that amount over a 10 year span, but all in one year. If you looked at it on a 10 year budgetary perspective, we are talking about a $5 TRILLION tax increase. Heritage has a nice handy dandy chart summary of the taxes that are increasing and the amounts:
Continued at: http://bit.ly/Jspqjh
(Excerpt) Read more at politijim.com ...
Too bad the GOP couldn’t give me anyone to vote for as a contrast. Guess I better hunker down.
Soros’ house: http://www.celebrityhousepictures.com/george-soros.php
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