So Will You Benefit from more TAX CUTS?
Today’s story about the new tax cuts highlights the hipocrisy of the latest efforts by the Republicans to pander to the super-rich. According to experts, " you might notice some relief if you make $100,000 to $200,000. But if you’re laying bricks or work as a bank teller, you might wonder what all the fuss is about."
We could add that if you’re on a fixed income there will be almost no impact unless you have income over $150,000 and pay the alternative minimum tax.
On another front, the House of Representatives passed a defense appropriation bill of just over half a trillion dollars.
Click here to read about it in the Christian Science Monitor.