HuffPo: Jason Linkins
You know, with all the talk about who is mad at President Barack Obama and who stands to win or lose what election over this tax-cut deal, not as much attention has been paid to the practical beneficiaries of the deal. Well, over at The New York Times tonight, David Kocieniewski's got the hard numbers, and finds that the deal is actually a very good one, as long as one or more of the following terms describes you:
--"the highest earners"
--"the wealthiest 1 percent of the population"
--"the wealthiest Americans"
--"hedge fund managers and private equity investors"
--"an individual earning $110,000"
--"4 million taxpayers with income in the mid- to high six figures"
--"Estates over $5 million"
To those of you who fit the descriptions above, congratulations! Really, is anyone not making out like a bandit, with this tax-cut compromise?
Link:
http://www.huffingtonpost.com/2010/12/07/tax-cut-compromise-whose-taxes-rise_n_793572.html________________________________________________________________________________________________
Unfortunately I don't fit into any of those categories, but for those of you who do I guess Congrats may well be in order.