How do you raise taxes
How do you raise taxes without raising taxes?
Rush seems to think the R's will allow the President to raise (they will raise) the tax rate on the "evil rich" - just who qualifies as "evil rich" is TBD. Nobody cares what tax rate the "evil rich" pay - but most everybody agrees it ain't enough.
But that ain't near enough to raise the large chunks of money required.
So looks to be tinkering with deductions and massaging the AMT to trap more people.
So the average Joe trapped by the AMT ain't going to find out until April 2014.
So with the infusion of extra cash through early 2014 things will look real rosey for the Feds and politicians can spend more - but we're in the hole again for later in 2014.
The Government "I'll tax you today for cuts I'll make next month."
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