Loc: Alexandria, VA
Pretty damned sad. You can see where they were actually moving towards a middle ground until Boehner just chucked everything and went with his pitiful "Plan B" -- one can only wonder what would have happened if they had continued bargaining (continuing the trend, probably about a 1:1 tax/cut ratio, which in any normal universe would be an equitable compromise ... which may be why Boehner bailed, knowing his universe is anything but normal) ...
I guess Bonehead has it out for old people on Medicare.
Wall Street Journal has a handy calculator to see how much more you will pay on the 2 % hike , just type in your annul earning . Well not really a tax hike more like the Obama 2 % tax break is not renewed. You were paying into the 6.2 % before anyway. For me I will be paying 80 bucks a month more , so there goes any pay raise I get this year - oh well.
They could have raised the cut off for payroll taxes--now, anything you make over 125,000 (or something like that--I don't know the exact number) does not have the payroll tax assessed. But nooooooooo . . . that would be wrong.
_________________________ MACTECHubi dolor ibi digitus
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