So let me get this straight...
Posted 01 January 2013 - 11:13 PM
Posted 01 January 2013 - 11:14 PM
In addition to neutralizing middle class tax increases and spending cuts that technically took effect Monday at midnight, the legislation raises tax rates on incomes over $400,000 for individuals and $450,000 for couples.
Posted 01 January 2013 - 11:35 PM
Fwiw, they started out with Democrats wanting to raise them on incomes above 250,000 and republicans raising them on those making more than a million. So both sides did compromise a little bit.
Posted 01 January 2013 - 11:37 PM
it's that it's even a thing
can't remember who first made this point but how fuging stupid is it that the "fiscal cliff" apparently spells doom for america or whatever and our elected officials created the damned thing
Posted 01 January 2013 - 11:38 PM
Posted 01 January 2013 - 11:41 PM
The proposed tax increase recoups about 13% of the annual revenue originally lost to the bush tax cuts.
Better than nothing. And remember that PBS money is the real problem to our budget
Posted 01 January 2013 - 11:43 PM
Fwiw, I think its something that they got the republicans to approve any tax increases. I wish they had been across the board, but at least they agreed on something.
Posted 01 January 2013 - 11:48 PM
So anything a Rep does its bad. Anything a dem does is good and any problem that the US is under is a minimized illusion?
So this cliff is a bunch of hooey then why is the media covering this and why is BOTH sides even back in dc to do anything?
Posted 01 January 2013 - 11:59 PM
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