This is from Reuters today:
"Obama agreed to extend tax cuts for virtually all taxpayers, including the wealthiest Americans, set to expire at the end of this month.
Democrats had long favored limiting the renewal only to annual income for families and individuals of up to $250,000 and $200,000, respectively."
http://www.reuters.com/article/idUSN105272020101210Why do they describe it this way?
The $250K plan includes ALL TAX PAYERS!
It's the first $250K earned that are exempted for EVERYONE!
So frustrating.
:mad: