Posted by taxguru on January 1, 2013
Washington Celebrates Solving Totally Unnecessary Crisis They Created – And our retarded rulers guaranteed plenty more excitement for 2013, by passing short-term patches that will give us more of these self-created fiscal cliffs. Modern day Keystone Kops are in charge in DC.
Putting America’s Tax Hike In Perspective – Very illustrative bar graph with the $62 Billion in new annual taxes compared to the $1.089 Trillion budget deficit. Still, spending cuts are not allowed to be discussed.
Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases – Spending by our rulers in DC is too sacred to ever consider cutting.
Details of tentative deal that would avert fiscal crisis – At least our imperial rulers in DC have finally agreed on the proper definition of the Evil Rich who need to be punished; $400,000 of income for Singles and $450,000 for Married Couples. Welcome back to Marriage Penalty Tax Planning. Two singles living together don’t get hit until at total of $800,000 in income vs only $450,000 if they were married.
Liberalism’s $400,000 Problem -Lefties upset over the higher income limit to define the Evil Rich to be persecuted.
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Tax Guru - Ker$tetter Letter 