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Keyword: bushtax

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  • 185 Economists to Congress: "Fiscal Cliff Tax Hikes Risk Economic Damage"

    12/13/2012 7:51:15 AM PST · by Kaslin · 20 replies
    Townhall.com ^ | December 13, 2012 | Bob Beauprez
    Note:  The following letter is co-signed by 185 of the nation's economists including Dr. Sanjai Bhagat, Provost Professor of Finance, University of Colorado, and Contributing Editor to A Line of Sight.  http://sanjaibhagat.com  Further information is available from the National Taxpayers Union, click here.  An Open Letter to Congress: December 11, 2012Dear Members of Congress:As the nation approaches the so-called "fiscal cliff," we, the undersigned economists, urge Congress to carefully consider the relative merits of tax increases and spending restraint. Increasing taxes would likely slow or reverse our nation's fragile economic recovery and undermine long-term growth. Restraining the growth of expenditures,...
  • Quick facts about the Bush tax cuts for the "rich"

    07/22/2010 10:54:33 AM PDT · by toma29 · 15 replies · 1+ views
    Useful Info Nation Blog ^ | 7/22/2010 | Thomas Bryan
    Did you know that on January 1, 2011 the personal income tax rate for the lowest tax bracket will rise 50% from 10% to 15%? Did you know that on January 1, 2011 the personal income tax rate for the next highest bracket - 25% - will rise to 28%? Did you know that on January 1, 2011 the personal income tax rate that is now 28% will rise to 31%? Just who's raising these taxes? That would be the Democrats by allowing the Bush tax cuts for the "rich" expire on December 31, 2010. If Bush only cut taxes...