If you don't do Fox, then google the legislation and sift through it. The info comes directly from the bill.
The income tax increases are on AGI NOT on taxable income.
Total new payroll tax for employers is 23.3% up from 15.3%
Raising the captial gains tax from 15% to 25.4%.
A lot of you will think this doesn't affect you. But, this new bill puts a SERIOUS squeeze on small businesses. Without them a large % of the population will have NO job. If those businesses close there will be LESS money to give out in PA.
If you have a job you will be affected.
If you have any type of 401k, IRA, mutual funds, kids college fund or pension YOU will be affected.
Answer by yourspecialkid at 3:40 PM on Jul. 16, 2009
Answer by Carpy at 3:41 PM on Jul. 16, 2009
Answer by Ladybugkisses76 at 3:42 PM on Jul. 16, 2009
What a judgemental person you are ! Why do you bring up PA ? The health care reform first needs to be approved by Senate & House of Representatives.
Answer by Anonymous at 3:42 PM on Jul. 16, 2009
Answer by Anonymous at 3:43 PM on Jul. 16, 2009
Answer by Carpy at 3:43 PM on Jul. 16, 2009
Answer by Anonymous at 3:44 PM on Jul. 16, 2009
Answer by yourspecialkid at 3:48 PM on Jul. 16, 2009
The health care reform first needs to be approved by Senate & House of Representatives.
That is why we come here to ask questions, opinions and debate. To encourage people to contact their elected officals and MAKE THEM WORK FOR YOU...
Answer by grlygrlz2 at 3:49 PM on Jul. 16, 2009
Answer by Anonymous at 4:03 PM on Jul. 16, 2009
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