March 13, 2008
The Associated Press: Congress Endorses Post-Bush Tax Hikes

middle-finger.jpghttp://ap.google.com/article/ALeqM5gSu1RI33g5jZfU8YAz7ZFmoPbb7AD8VCTJ200


Democrats in both House and Senate pressed ahead with budget plans that would saddle millions of Americans with higher tax bills in three years by allowing some or all of President Bush's reductions to die after he leaves office.

Thanks Congress! You Democrats are sure doing some fine work since taking over. And, if Clinton or (especially) Obama end up in office, expect more taxes. In fact, I wouldn't doubt it if employers just send your paycheck right to the government, and they just send you whatever is left for you to spend, which you'd again be taxed, of course.

I think, not including property tax and school taxes which I put into an escrow, about $.33 of every dollar I earn goes to either federal/state (withholding) taxes, or sales tax. That means, I need to make $1.50 to buy something which costs $1. Maybe in 3 years, that'll be up to $1.80! Unfortunately, it won't be because I'm in a new tax bracket.

Posted by Kevin at March 13, 2008 11:27 PM
Comments
Post a comment

Leave a ramble