Bush Tax cuts expiring may not be as benign as you think. Link text
Answer by mancosmomma at 7:31 PM on Jul. 22, 2010
Answer by jewjewbee at 6:04 PM on Jul. 22, 2010
Wifey, your fact check link is from 2004. But since you want to use it, it quite clearly states that if Bush's tax cuts are repealed, middle-income people will see a tax increase.
Wifey, according to YOUR link, people making as little as $15,000 a year will see increased taxes if Bush's tax cuts are repealed.
Here is YOUR link: http://www.factcheck.org/here_we_go_again_bush_exaggerates_tax.html
Page down to the chart that says:
Combined Effect of Bush Cuts for 2003: Typical Families
(Amounts by which federal income taxes would rise if cuts are repealed)
Answer by mancosmomma at 7:30 PM on Jul. 22, 2010
Answer by Crissy1213 at 8:22 PM on Jul. 22, 2010
Answer by Crissy1213 at 12:43 AM on Jul. 23, 2010
Answer by mancosmomma at 5:17 PM on Jul. 22, 2010
Mommom, feel free to post a link proving YOUR point. Do you have one?
Answer by mancosmomma at 7:53 PM on Jul. 22, 2010
Answer by mancosmomma at 8:24 PM on Jul. 22, 2010
Answer by Crissy1213 at 10:22 PM on Jul. 22, 2010
My impression from what I've read (from a variety of places!) is that O DOES intend to let the tax cuts expire because he thinks we can't afford them. And then there is this little piece I read.............http://thehill.com/homenews/house/104635-dems-wont-pass-budget
If there is no budget, what do you think will happen?
Answer by 29again at 10:58 PM on Jul. 22, 2010