We knew back in February that the tax cuts would end in January. That's all the republicans would agree to back then.
On Fri, Jan 4, 2013 at 8:50 PM, Jerry Barnes <[email protected]> wrote: > > Back on the fair share meme, here is some analysis that you probably didn't > hear on US news outlets: > > <br /><br /> > > <blockquote style="font-style:italic"> > 01/03/2013 > <br /><br /> > Middle-class workers will take a bigger hit to their income proportionately > than those earning between $200,000 and $500,000 under the new fiscal cliff > deal, according to the nonpartisan <a href=" > http://en.wikipedia.org/wiki/Tax_Policy_Center";>Tax Policy Center</a>. > <br /><br /> > Earners in the latter group will pay an average 1.3 percent more - or an > additional $2,711 - in taxes this year, while workers making between > $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 > percent - or up to $1,784 - the D.C.-based think tank reported. > <br /><br /> > When the deal was passed by Congress late Tuesday, President Obama said it > prevented 'a middle class take hike that could have sent the economy back > into recession' and have a 'severe impact' on American families. > <br /><br /> > 'Under this law, more than 98 percent of Americans and 97 percent of small > businesses will not see their income taxes go up,' he said. > <br /><br /> > To the contrary, the Tax Policy Center says roughly 70 percent of Americans > will see their income taxes rise as a result of the deal. They won't rise > as much as they would have if no deal had been reached and the fiscal cliff > was triggered, but they will go up nonetheless. > <br /><br /> > > HAYLEY PETERSON | <a href=" > > http://www.dailymail.co.uk/news/article-2256972/Middle-earners-hit-hardest-revealed-workers-making-30-000-bigger-hit-earning-500-000-new-fiscal-deal.html > " > target="_blank">Workers making $30,000 will take a bigger hit on their pay > than those earning $500,000 under new fiscal deal</a> > > </blockquote> > > <br /><br /> > > > > > J > > - > > Ninety percent of politicians give the other ten percent a bad reputation. > - Henry Kissinger > > Politicians are people who, when they see light at the end of the tunnel, > go out and buy some more tunnel. - John Quinton > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:359716 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
