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Old 12-21-2012, 07:52 PM
 
Location: NJ
18,665 posts, read 19,959,536 times
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Quote:
Originally Posted by hnsq View Post
So you are OK with letting the tax cuts expire and have everyone across all income levels pay more? Percentage wise, the middle class would see the highest increases.
I budgeted for 2013 assuming that would be the case, as I understand the meaning of the word temporary. So I'll be fine no matter the outcome.

I would prefer either solution 1 or 2, (1) Let them all permanently expire, (2) Reset permanently tax rates as desired by bi-partisan means of our duly elected representatives. I would abhor option 3: (3) Reset temporarily tax rates, no matter the level.
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Old 12-26-2012, 07:03 AM
 
9,855 posts, read 15,198,212 times
Reputation: 5481
Quote:
Originally Posted by bobtn View Post
I budgeted for 2013 assuming that would be the case, as I understand the meaning of the word temporary. So I'll be fine no matter the outcome.

I would prefer either solution 1 or 2, (1) Let them all permanently expire, (2) Reset permanently tax rates as desired by bi-partisan means of our duly elected representatives. I would abhor option 3: (3) Reset temporarily tax rates, no matter the level.
I just want a set direction from washington, regardless of what it says. The markets wont stabilize and companies wont start investing again until they are reasonably certain they know the direction the government wants the country to go (one way or another)
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