Who really gives hoot about this? It is clear that this is purely a political ploy on Obama’s part. Give them what they want. The sooner this country hits rock bottom, just like a with a drug abuser, it will seek help.
I’m sick and tired of this. We have the most inept congress and purely partisan president.
Give them what they want and back off.
Comcast had a site that simply calculates one's increase in tax and payroll taxes if the Bush tax cuts expire for everyone and SS and Medicare go back up to their former percentage payments:
http://www.creditcards.com/credit-card-news/fiscal_cliff-calculator-1701.php
I apologize for being http challenged and don't know where on Free Republic one finds all the codes.
Anyways my increase will be $1009.00 - that's on a salary of almost $29,000.00. From $3,477 federal income taxes, lower SS withdrawal to $4,486.00.
Like I said, it's very simplified. Does not take into consideration standard or itemized deductions. Just basic salary and exemptions.
Still . . . what a pain in the arse. I might as well throw in the towel and go suck off the government teat. I'm 62. I'm getting tired of it all.
I’m sick of it too. I’m just about ready to jump off a cliff myself. Let them raise taxes and let the chips fall where they may. Like you said, maybe we have to hit rock bottom to get people to think differently.