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After reading this article, it appears that things will be continuing down hill.
Government spending has already hugely increased, and so has the size and scope of government, but next year there will also be substantial tax increases for a great many Americans. The first reason will be the expiration of the Bush tax cuts . The top personal income tax rate will rise next Jan. 1 to 39.6% from 35%, a hike of nearly one-eighth. The dividend tax rate will rise to 39.6%, more than 2½ times the current 15%. And the capital gains tax rate will rise by a third, to 20% from 15%. If the House health care bill had passed, all three of these rates would have risen to 45%.
After reading this article, it appears that things will be continuing down hill.
Government spending has already hugely increased, and so has the size and scope of government, but next year there will also be substantial tax increases for a great many Americans. The first reason will be the expiration of the Bush tax cuts . The top personal income tax rate will rise next Jan. 1 to 39.6% from 35%, a hike of nearly one-eighth. The dividend tax rate will rise to 39.6%, more than 2½ times the current 15%. And the capital gains tax rate will rise by a third, to 20% from 15%. If the House health care bill had passed, all three of these rates would have risen to 45%.
I am giving up my very high paying position and taking a position at 1/3 of the pay for a variety of reasons, the main one being that I do not want to become a milk cow for the feds.
I totally understand not wanting to give any more then you have to, to the Federal gov. They are greedy and out of control!!! Considering there is NO LAW that they should get anything out of our wages!!
Representing government employees has changed the union movement's priorities: Unions now campaign for higher taxes on Americans to fund more government spending. Congress should resist government employee unions' self-interested calls to raise taxes on workers in the private sector. Majority of Union Members Now Work for the Government
Just returning the favor. The top 15% stole it first with their manipulations of the 'free' market into a monopolized crony owned travesty of capitalism.
GregW---you have been taught something I don't agree with. Because this method is self-serving the power hungry people who are lazy and want something for nothing!!
i am giving up my very high paying position and taking a position at 1/3 of the pay for a variety of reasons, the main one being that i do not want to become a milk cow for the feds.
Just returning the favor. The top 15% stole it first with their manipulations of the 'free' market into a monopolized crony owned travesty of capitalism.
If they worked damn hard to get to a certian point in life by not being LAZY put themselves thru School, no way no how it is by manipulation! The ones taking it, are the ones who have stole it.
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