'Taxmaggedon:' Average Family Will Pay $4K More?
~ The Rebel ~
2012/04/18 19:07:29
The average American family will be hit by a $3,800 increase in their taxes come
the New Year unless Congress acts to extend a series of breaks.
Several
different tax “holidays’ expire at the end of the year, Fox
News reports, and put all together would rake in an extra $500 billion to
the national coffers.
January 1, 2013 even has a name – Taxmageddon.
"Almost the entire tax code has been put on a year-to-year lease, and in some
cases, month-to-month lease, which is no way to run a tax system," Scott Hodge
of the Tax Foundation told Fox. “No American will be unscathed.”
the New Year unless Congress acts to extend a series of breaks.
Several
different tax “holidays’ expire at the end of the year, Fox
News reports, and put all together would rake in an extra $500 billion to
the national coffers.
January 1, 2013 even has a name – Taxmageddon.
"Almost the entire tax code has been put on a year-to-year lease, and in some
cases, month-to-month lease, which is no way to run a tax system," Scott Hodge
of the Tax Foundation told Fox. “No American will be unscathed.”
Read More: http://www.newsmax.com/Newsfront/taxmaggedon-incre...
Top Opinion
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Centurion~PWCM~JLA 2012/04/18 20:31:59
+3And from just where the hell do these fools think that these families are going to pull this $3,800 out of?
T.E.A. anyone ???