To: JerseyHighlander; Berlin_Freeper; Hotlanta Mike; Silentgypsy; repubmom; HANG THE EXPENSE; Nepeta; ..
ALL Americans will be hit with the Individual Mandate Tax which will require a couple to pay the higher of a base tax of $1,360 per year, or 2.5% of adjusted growth income starting with lower base tax and rising to this level by 2016. Individuals will see a base tax of $695 and families a base tax of $2,085 per year by 2016.
42 posted on
06/29/2012 1:33:19 PM PDT by
Brown Deer
(Pray for 0bama. Psalm 109:8)
To: Brown Deer
Depends on one’s point of view. 2.5% is nominal individual.
2.5% is no where near the largest nominal individual tax increase in US history either.
Not to get too far into arguing over how many angels can fit on the head of a needle....
To: Brown Deer
46 posted on
06/29/2012 3:23:04 PM PDT by
Hotlanta Mike
(Resurrect the House Committee on Un-American Activities (HUAC)...before there is no America!)
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