Friday, September 3, 2010

Obama loses backing on taxes

Washington Times "If Congress fails to act - a possibility given the gridlock that has gripped the Senate - workers at every income level would face significant tax increases next year.

"Taxpayers making between $40,000 and $50,000 a year would get hit with an average income tax increase of $923 next year. Those making between $50,000 and $75,000 would face an average increase of $1,126, according to estimates by the nonpartisan Joint Committee on Taxation."

No comments: