Millions face tax increases under Dem...

Millions face tax increases under Dems budget plan (5:02 a.m.)

There are 3 comments on the Las Cruces Sun-News story from Apr 22, 2010, titled Millions face tax increases under Dems budget plan (5:02 a.m.). In it, Las Cruces Sun-News reports that:

President Barack Obama's Democratic allies in the Senate promise to cut the deficit by almost two-thirds over the next five years, but their budget plan could threaten about 30 million people with tax increases averaging $3,700 in 2012 and after because of the alternative minimum tax.

Join the discussion below, or Read more at Las Cruces Sun-News.

Figures

Santa Fe, NM

#1 Apr 22, 2010
So, I suppose as a side effect of this "tax relief" for couples earning 250k a year, many people will opt to not get married for 400k is a lot larger. This is also the case in Germany where if a couple has a child out of wedlock, the state helps to cover the costs of raising the child in conjunction with tax 'breaks'.

Just a thought...
Mustafa

Albuquerque, NM

#2 Apr 22, 2010
Let's do something meaningful, such as greatly simplifying the tax code, perhaps going to flat rate, which would save millions and millions of dollars in IRS costs for processing, harassment, etc. And an easy relief for all of us, allow all medical expenses to be deducted, not just if they are over the 7.5% mark.
BLOOD ON HIS HANDS

Gallup, NM

#3 Apr 22, 2010
Yep here they come after the last "change" you have in
your pocket so that all the "redistribution of wealth"
sponges can get all they can.

Change you can't believe in!

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