Here's a little taste of the NEW taxes we will be seeing this coming year......

[RoadToad]

"
A taxpayer making between $50,000 and $75,000 would get an average tax increase of $2,400, according to the Tax Policy Center, a Washington research group. If the worker is paid every two weeks, that's about $92 a paycheck, on average.

Someone making between $75,000 and $100,000 would get a tax increase averaging nearly $3,700. If the worker is paid every two weeks, that's about $142 a paycheck. "

January aside, higher taxes loom - politics | NBC News

THANKS.....

Later,

geo

And when that happens, your beloved GOP will be blamed for it, right or wrong.

Poll: If government careens off fiscal cliff, GOP to shoulder blame - NBC Politics

You're welcome.

[waterdog101]

Most Americans can see who is to blame for this mess, and it don't look good for Mitch and John, I have said it before, and I still believe those two will let this country sink, before they would do anything to let Obama do a good job.

[kygorski]

It may get wavy, and we might get sea sick, but we wont sink! So zip up the PFDs, grab a seat cushion, and ride this to the finish.No more bull s--t. Let the cutting begin, starting with TERM LIMITS. two and out, federal, state and urban. Public service shpuld be shared, not a life time job, tax and limit imports just like the rest of the world does. Enforce the immigrant laws ALL OF THEM. Plug the loop holes,and tax the hell out of those "off shore banks".

[waterdog101]

It may get wavy, and we might get sea sick, but we wont sink! So zip up the PFDs, grab a seat cushion, and ride this to the finish.No more bull s--t. Let the cutting begin, starting with TERM LIMITS. two and out, federal, state and urban. Public service shpuld be shared, not a life time job, tax and limit imports just like the rest of the world does. Enforce the immigrant laws ALL OF THEM. Plug the loop holes,and tax the hell out of those "off shore banks".

have you ever thought of running for president?

[DJD]

Most Americans can see who is to blame for this mess, and it don't look good for Mitch and John, I have said it before, and I still believe those two will let this country sink, before they would do anything to let Obama do a good job.

You have got to be kidding. P,ease tell me your just talking crappola. Most Americans??? Omg

[waterdog101]

You have got to be kidding. P,ease tell me your just talking crappola. Most Americans??? Omg

Poll: Americans set to blame Republicans for going over fiscal cliff | Saint Petersblog

[SLP]

Maybe I am missing something, but this deadline scare seems to be just that a scare. Wouldn't the true deadline be the end of the year, not the start of the year? I haven't heard this anywhere so I may very well be wrong, but why wouldn't they be able to vote to give some people a tax cut later in the year before they would be required to file? Of course the exception would be the people hit with the higher estate tax if a death occurred before that would likely be negatively effected.

I do understand that the longer it would take how it could have a negative effect on the economy, but my point is they should be still able to do this even after the end of the year, no?

[kygorski]

Just let nobahma say he will issue a decree. Some folks years back who studied politics predidted things like this were going to happen.Comes with the type of government WE chose.[the finding fathers we].When you cant find a compromise, nothing happens.Nothing good,nothing bad. BUT then comes the bureaucrats. None elected, but somehow they enact legislation how? Well paid[by private interests in many cases] lobbyists. They dont call it legislation, they call it advice. nuff sed

[GeoFisher]

Maybe I am missing something, but this deadline scare seems to be just that a scare. Wouldn't the true deadline be the end of the year, not the start of the year? I haven't heard this anywhere so I may very well be wrong, but why wouldn't they be able to vote to give some people a tax cut later in the year before they would be required to file? Of course the exception would be the people hit with the higher estate tax if a death occurred before that would likely be negatively effected.

I do understand that the longer it would take how it could have a negative effect on the economy, but my point is they should be still able to do this even after the end of the year, no?

It IS the end of the year..............

AND without something passed......actually it doesn't matter even now, since payroll systems cannot be updated fast enough.

Anyone making over 50k TOGETHER as a married family with 4 will pay 2 thousand more.
Anyone making over 100k TOGETHER as a married family with 4 will pay 3 or 4 thousand more.

Hope and change.....FOOLS.......Hope and Change.

EAT IT.

Later,

Geo

[SLP]

It IS the end of the year..............

AND without something passed......actually it doesn't matter even now, since payroll systems cannot be updated fast enough.

Anyone making over 50k TOGETHER as a married family with 4 will pay 2 thousand more.
Anyone making over 100k TOGETHER as a married family with 4 will pay 3 or 4 thousand more.

The way I understand it is that the "fiscal cliff' is describing the tax rate for the upcoming year (2013). This is the end of 2012, and the tax rates are already set for this year.

[parker]

Ole Mitch and John are going to lead the repubs right out of the house for 2014! Then big O gets to do what he wants. You guys had better register independent if you ever hope to elect another consertative. BAHAWAA

[GeoFisher]

The way I understand it is that the "fiscal cliff' is describing the tax rate for the upcoming year (2013). This is the end of 2012, and the tax rates are already set for this year.

there are two parts........the tax holiday passed by obama expires 12/12, so if that is not renewed, and so far it has not been, then 2.4% in additional income taxes.......PAID by the employee will start coming due your first paycheck in january.

The second part deals with the bush tax cuts. personally, roll those completely back to clinton era rates...for EVERYONE.....

Later,

Geo