Posted on 10/03/2010 9:02:18 AM PDT by TheNewPundit
How the Democrats’ Year-end Tax Hike Will Hurt Investors
Starting January 1, 2011, Washington Democrats will impose a $3.8 trillion tax hike on hard-working Americans. This tax increase will affect every American who pays income taxes through higher tax rates on individuals, families, and small businesses.
As described below, Washington Democrats are targeting investors who provide the capital to help businesses grow and create jobs for much higher taxes starting next year, at a time when businesses are struggling just to meet payroll and the unemployment rate remains near ten percent.
(Excerpt) Read more at thenewpundit.com ...
What does it do to those who work and do not pay Federal Income Taxes. Will it lower the minimum?
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