Can’t wait until my S-I-L & her husband see what the repeal of the Bush tax cuts are going to do to them. They are flaming liberals, 2 kids, upscale house in upscale neighborhood.
They had Obama signs in their yard and have always supported Democrats.
They just had a big property tax increase (to pay for teacher’s pension funds.)
They are going to be hit bigtime with the end of the Bush tax cuts. C’est la vie!
If they have upscale income their percentage increase will be rather small. It is the people in the lowest bracket who will see the largest percentage increase, like fifty percent.
That is because the people in the lowest tax brackets got the big percentage cuts even though the media tried to say it was a tax cut for the rich. When these people realize what George Bush did for them that Obama is undoing they will scream bloody murder.
Just wait. Seen the new income tax increases yet? Talk about a double whammy. And that’s just the first drop in the bucket of crap that’s coming. Well, second drop after the Bush tax cuts expire. I saw where the bottom rate of 10% will go to 15. A lot of exemptions are being reduced-including education.
Combine all that with bozo’s healthscam causing insurance rates to go up-and God forbid they pass any sort of energy tax bill...
...and I can keep on going what with the Gulf, his shutting down all those refineries...