Let’s Crunch the Numbers on the Tax (Compromise?) (Com Promise?)

In fact, the only groups likely to face a tax increase are those near the bottom of the income scale — individuals who make less than $20,000 and families with earnings below $40,000.  Although the $120 billion payroll tax reduction offers nearly twice the tax savings of the credit it replaces, it will nonetheless lead to higher tax bills for individuals with incomes below $20,000 and families that make less than $40,000. That is because their payroll tax savings are less than the $400 or $800 they will lose from the Making Work Pay credit.

– Hat Tip:  Jason Linkins, Jake Tapper 

One Response to “Let’s Crunch the Numbers on the Tax (Compromise?) (Com Promise?)”

  1. Jewell Says:

    Okay, David. Here is the thing: I want you to run for President. No lie. I am so sick of listening to either side “pretend” to care and then turn around after being elected and stab us in the back under the disguise of “caring for us.” Makes me sick to my stomach and I want to spit nails.

    Washington needs a man who actually has a backbone and can call the shots when it is needed. I am not sure why I voted for the man other than I liked what he said. However, as in all elections, all politicians lie and some lie more effectively than others.

    Hell is going to be paved with these people who have no conscience and no desire to attain one.

    Would you consider running? I believe in you.

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