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Reply #23: Your right. Edited for accuracy. [View All]

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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-23-10 08:20 AM
Response to Reply #18
23. Your right. Edited for accuracy.
Edited on Fri Jul-23-10 08:29 AM by Statistical
Also, you fail to acknowledge that Obama passed his own tax breaks on the working class completely seperate from the ill-conceived and poorly targeted Bush-breaks. So a factual correction (which I appreciate) without context and badly framed.

Bad news is Obama tax cuts also expire in 2011 unless extended. The "making work pay" tax credit was originally only for 2009 but was extended to 2010 also. As of yet is hasn't been extended to 2011.

So while I was unclear the facts remain. Unless the Democrats act decisively (and get 60 votes via compromise) All the tax brackets revert to 2000 levels (but still adjusted for inflation). I did the math for my household that is about $2,200 more in taxes.

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