They are not the ‘Bush tax cuts’ anymore

I agree with AJ Strata at The Strata-Sphere. Why the heck are we even referring to the “Bush tax cuts?” Sure, we can do that when referring to what happened after the tax cuts in 2001 and 2003, but at this point – eight to 10 years later – any change to the tax code…

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January’s paycheck surprise

Congress adjourned recently without taking any action on the income tax rates applicable for 2011.  As it stands now, everyone, not just the “rich” will see a larger chunk of their salary removed from their paychecks beginning January 1.  Here’s the problem.  Traditionally, by mid November the IRS issues the tax withholding tables that employers must…

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Don’t raise taxes on my state’s rich people

This would be funny were it not for the fact that those proposing this legislation are actually serious. We all know that come January 1 everyone’s taxes will rise substantially.  The Obama administration, however,  seems to be backing an extension of the Bush tax cuts except for the “wealthy”, who are currently defined as anyone…

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