Tax hike in perspective

[Bison Fan in NW MN]

LOL....these tax hikes will do sh**!!!

Congress needs to cut spending...

[Ibanez]

That list appears to be wrong about that. According to Bloomberg, it goes from 15% to 23.8%:
"...The top tax rates on capital gains and dividends would go up to 23.8 percent, from 15 percent last year...."
http://www.bloomberg.com/news/2013-01-0 ... holds.html" onclick="window.open(this.href);return false;

The list I posted is from Bloomberg - its an email notice to tax professionals and I just re-read the actual bill which reads 20% not 23.8%.

You're wrong. THe Media is right.

[danefan]

The list I posted is from Bloomberg - its an email notice to tax professionals and I just re-read the actual bill which reads 20% not 23.8%.

You're wrong. THe Media is right.

I'm always wrong.

[Ibanez]

You're wrong. THe Media is right.

I'm always wrong.

You're right about that.

[travelinman67]

The sweet irony is the expiration of the payroll tax "Holiday"...though all payrolled workers receive some short-term breathing room, the primary beneficiaries are low-income service workers...

...Obama's demograph.

Since most service workers receive 1.2-2.0 percentage annual raise...

...the 2.0% payroll tax increase will either result in a net wash or loss for most low-income workers.

"Thanks for your vote, Sucka! Now bend over, I need a thumb warmer."