Well so much for the tax cuts for 95% of Americans. It isn't in this budget. And if you are in the lowest tax bracket look for a 50% increase in your tax burden when the Bush 'tax cuts for the wealthy' expire. In fact every American who pays taxes is looking at a sharp increase in his or her taxes when the Bush tax cuts go away.
So will the Obamanators call this the Obama tax increase on the poor? Don't hold your breath.
So will the Obamanators call this the Obama tax increase on the poor? Don't hold your breath.