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To: whitedog57
Income tax cuts would be extended on families earning up to $450,000, the official said, with rates rising to 39.6 percent on incomes above that.

Rates on estate taxes would rise to 40 percent, on amounts above $5 million.

You just got to laugh at this BS, 39.6% on one and 40% on the other, yeah, that's the ticket.

7 posted on 12/31/2012 11:17:41 AM PST by The Cajun (Sarah Palin, Mark Levin......Nuff said.)
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To: The Cajun

I recall when Reagan had the agreement with the postage stamp fraud speaker of the 80’s to lower the top rate and at the same time reduce the deductions high earning people could deduct. Now we have the reduced deductions and the rates go back up to what they were. NEVER cut a deal with the devil.


8 posted on 12/31/2012 11:27:50 AM PST by Mouton (108th MI Group.....68-71)
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To: The Cajun

And estates get taxed why??


9 posted on 12/31/2012 11:29:08 AM PST by Sacajaweau
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