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To: MuttTheHoople

this one keep me awake at night worrying

how much of an increase in taxes will it take most of the middle class to have to severely adjust their lifestyle?

$5,000? $10,000? $15,000?


6 posted on 07/05/2010 8:41:03 AM PDT by silverleaf (Those who can make you believe absurdities can make you commit atrocities.)
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To: silverleaf

Most people will just have to adjust their savings. I certainly don’t waste my time worrying about it but I will just make adjustments to my budget just like I do when other items increase. I think many people will survive this as these were what people were paying ten years ago...so people still have that money it is just attached to savings. Remember everyone had money left over at the end of the month because the taxes were decreased. However, I believe that they will extend the tax decrease for a bit longer.


12 posted on 07/05/2010 9:19:16 AM PDT by napscoordinator
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