White House: The Seven Things You Need to Know About the Tax Deal

[ProSense]

Last edited Thu Jan 3, 2013, 01:46 PM - Edit history (1)

The Seven Things You Need to Know About the Tax Deal
http://www.whitehouse.gov/blog/2013/01/02/seven-things-you-need-know-about-tax-deal?utm_source=email191&utm_medium=text1&utm_campaign=middleclass

[Larkspur]

1. There is no such thing as a permanent tax cut

Taxes need to be raised and lowered depending upon the issues and problems facing this nation.
The WH has adopted a right wing talking point that will lead to problems in the future should we encounter a major disaster that requires higher taxes.

[ProSense]

2. I guess,

"The WH has adopted a right wing talking point that will lead to problems in the future should we encounter a major disaster that requires higher taxes."

...you didn't read the part where it said the President will seek even more revenue from the wealthiest (number 3).

[Bandit]

3. It will not be from Federal income tax though...

He may ask that dividends be taxed at the same rate as salaries, or certain subsidies be eliminated but not one penny more from income tax....

[JaneyVee]

4. I thought it was $400k?

[ProSense]

6. Some of the tax increases begin at $250,000. n/t

[reformist2]

7. The Repugs did get them to move it from 250K to 400K. That really bugs me.

It only encourages them to think they have negotiating power, when we could have easily broken them on this issue.

[FSogol]

5. K & R. n/t

[Cha]

8. Thank you for the list, PS.. too bad the Dems had

to negotiate with those who don't care anything about the working class, nor do they care anything about being responsible for how our country is run.