Freewill
Platinum Member
- Oct 26, 2011
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Now we know why negotiations took so long. Just like the corn husker payoff Obama had to put pork in the bill to even get his party to vote for it. We should be ashamed of the whole process. They keep treating us like idiots and we keep electing them, out with them all. But of course no one will vote their own guy out cause after all he brings home the bacon. Shame on what we are doing to our grandchildren, shame.
Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.
Earners in the latter group will pay an average 1.3 percent more - or an additional $2,711 - in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent - or up to $1,784 - the D.C.-based think tank reported.
Overall, nearly 80 percent of households will pay more money to the federal government as a result of the fiscal cliff deal.
Read more: Middle-earners hit hardest as it's revealed workers making $30,000 will take a bigger hit than those earning $500,000 in the new fiscal deal | Mail Online
Follow us: @MailOnline on Twitter | DailyMail on Facebook
Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.
Earners in the latter group will pay an average 1.3 percent more - or an additional $2,711 - in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent - or up to $1,784 - the D.C.-based think tank reported.
Overall, nearly 80 percent of households will pay more money to the federal government as a result of the fiscal cliff deal.
Read more: Middle-earners hit hardest as it's revealed workers making $30,000 will take a bigger hit than those earning $500,000 in the new fiscal deal | Mail Online
Follow us: @MailOnline on Twitter | DailyMail on Facebook