Yeah, let’s tax the rich yell all those people making less than $200k per year - until that tax doesn;t do anything to shrink the debt and the limit is lowered to $100k - and on and on - roundtable of CEO’s on Bloomberg last night included a guy who had been a member of the Simpson-Bowles commission, who said that had run some what-ifs that showed they’d have to tax people down to about $30k per year to start getting significant revenue for the government - now that’s “rich”......
On Jan 1 the lowest bracket goes from 10 to 15%
When the Bush tax cuts “for the rich” expire
So.. maybe the GOP should let them expire? lol