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Response to mostlyconfused (Reply #8)

Thu Dec 20, 2012, 04:14 PM

9. Ah, but wait, there's more!

From http://www.ThePeoplesView.com:

"The President, as his counteroffer, has asked for tax rates to go up for at least those making more than $400,000, in response to Speaker Boehnerís offer of letting the rates go up on incomes over $1 million. The proposal would also cap the value of itemized deductions to 28%, basically preventing the rich from taking a greater percent of their incomes in deductions than middle class families. This, along with the Presidentís proposal to raise capital gains and dividend rates, as well as increasing the estate tax, should bring us pretty close to $1.2 trillion."

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mostlyconfused Dec 2012 #8
LineLineLineLineReply Ah, but wait, there's more!
mac56 Dec 2012 #9
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