Econ Comments & Analysis
Investors | There's A Triple Tax Increase In Your Future
The so-called Bush tax cuts are set to expire at the end of the year. That means that all of the current income tax rates will rise to pre-2001 levels overnight.
Washington Times | Relief from Taxmageddon
Republicans have finally figured out how to corner President Obama on the tax issue. Within six months, Americans will be hit with a $4.3 trillion tax hike supported by Mr. Obama. By moving to pass legislation next month to stop “Taxmaggedon,” the GOP is putting itself on the side of ordinary Americans.
Blogs
Heritage Foundation | To Stop Taxmageddon, Repeal Obamacare
Unless President Obama and Congress take action soon, Taxmageddon will hit on January 1, 2013. Taxmageddon is a $494 billion tax increase for 2013 alone. It is made up of several expiring tax policies and the implementation of new Obamacare tax increases that all kick in at the start of next year.
