We’re Saved from the Fiscal Cliff! Your Taxes are Still Going Up
Well, most of you. And, the less you make, the more it will hurt. The payroll tax reduction, which -as part of the stimulus- took the rate from 6.2% to 4.2%, has expired. This tax affects everybody, but it has a cap – so people who make a lot of money only pay it on [...]
Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases
Looks like we get screwed again. The Republican “leadership” in the House of Representatives is a joke. They gave up everything, and got nothing. I read somewhere that only one VA congressman voted for it – don’t know who it is yet. Cantor voted against it. Interestingly, Paul Ryan voted FOR it. According to the [...]
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