President Obama has gotten the message: America wants fiscal responsibility!
But cutting spending is going to be tough, even with the so-called “freeze.”
So, here come tax cuts.
It’s hard to calculate exactly how much taxes will be raised over the next 10 years, because nobody knows exactly what the economy will do during that time.
But Bloomberg estimates it will be $1.9 trillion, between various tax hikes and loophole closures.
Find out here if you’re going to get whacked >
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See Also:
- REMINDER: The Vast Majority Of The Government Deficits People Hate Comes From Bush’s Wars And Bush’s Tax Cuts
- It’s Not Just The Rich: Obama Tax Hikes Will Stick It To The Middle Class, Too
- Obama’s Unconstitutional Bank Tax Offends Our Deepest Political Ideals