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In reply to the discussion: Geithner: Obama Administration Ready to Go Over the "Cliff" [View all]humbled_opinion
(4,423 posts)51. So what do I cut out
to pay for the tax increase? and if I am asking that question as someone on the very low end of middleclass than factor that and it will mean a huge economic hit.
You should rethink your everyone position, some people honestly can't afford these increases, remember its not just a 5 percent income tax increase it is the end of the payroll tax cut that Obama gave us also and the begining of mandatory buy in to health insurance, all of these costs but no increases in pay.....
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That's already happened. That bill passed the Senate earlier this year...
Liberal_Stalwart71
Dec 2012
#42
Nancy Pelosi has some responsibility for making this known to the general public.
AnotherMcIntosh
Dec 2012
#44
Going where the biggest thieves are... 1% and 2%. They owe this country big time.
freshwest
Dec 2012
#7
The rate is going up 2% on the top, why not raise the rate 20% higher on them?
Vincardog
Dec 2012
#22
If they think paying 39% on every $ over 250,000 is onerous let them leave now.
Vincardog
Dec 2012
#52
So? Tax all income as regular income. Remove the SS cap and apply FICA to all income.
Vincardog
Dec 2012
#54
means testing turn them into WELFARE, Everyone should get the same benefit. Everyone
Vincardog
Dec 2012
#57
Allowing the Mega-Corporaqtion to pay no tax (or even Negative tax rates) has created
Vincardog
Dec 2012
#24
If you want to give others encouragement, name one time - just one - in which he has ever
AnotherMcIntosh
Dec 2012
#47
You really want to stick middle class families who are struggling with a $2,000 bill?
democrattotheend
Dec 2012
#40