Posts Tagged ‘Tax Rates’
Skimpy Buffet
The Buffet Rule, a tax code change designed to prevent the wealthy from paying taxes at lower marginal tax rates than the middle class, is estimated to raise $50 billion over a decade. While that’s more than I make, it’s less than 1% of the $7 trillion in deficits the government is projected to rack…
Read MoreBudget Brawl Begins
The budget battle over FY ’12 is here! The R plan makes big cuts to Medicare & Medicaid, ignores Social Security (SS) and keeps the Bush tax cuts. The D plan, will also ignore SS (2 risky) and will propose; cuts to many programs, reduction of popular tax deductions, increased taxes for the rich and…
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