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The US president, Barack Obama, will today sign into law measures approved by Congress extending tax cuts introduced by George Bush amid Democratic complaints that the breaks favour the rich.
Despite objections from many of Obama's fellow Democrats, the House of Representatives passed the $858bn (£548bn) package of renewed tax cuts last night.
Originally posted by umop apisdn
Everyone gets a tax cut on the first 250k. You get an EXTRA tax cut if you make above that.
Originally posted by zerotime
Of course we know that all people who have good jobs, made something out of the lives, and are rich by someone else's standards must have done something evil to get their money. It must be taken away from them and given to the others who failed. That seems only logical.
The bottom 47% of the "taxpayers" pay nothing at all
Originally posted by Bicent76
You guys should be asking where all the tax is for gas. If you look close the government is making billions if not trillions a year with gas tax. Then ask yourself the how and why our country is broke..