The Bush tax cuts are set to expire next year, so there is your tax hike. As someone posted on another thread this week, zer0 is giving taxpayers $500, but the $2500 is going away. Every taxpayer loses $2000.
Whew! I am glad there is going to be a tax hike. I was worried that Obama was actually going to use “logic and reason”.
This is going to get more interesting as the months roll on.