6 Months to go Until the Largest Tax Hikes in History
This article by Ryan Ellis contains some good information. The bottom line is that everyone who pays taxes (not just individuals who make more than $200,000 a year) will experience a federal income tax increase and new taxes with the implementation of Obamacare. Add to this the failure to pass a new AMT tax patch, rising local and state income taxes, rising property taxes, rising capital gains taxes, dividend taxes, social security taxes, medicare taxes, medicaid taxes, corporate federal income taxes, corporate state income taxes, state and local sales taxes, gasoline taxes, telephone taxes, electric utility taxes, cable television taxes…
Read the entire article here.
Posted: July 2nd, 2010 under 2010 elections, Economics, Newsworthy.
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