Quote:
Originally Posted by hnsq
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.
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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.