Without a retroactive fix, higher taxes already here for millions who may not know it

  • Article by: STEPHEN OHLEMACHER , Associated Press
  • Updated: December 17, 2012 - 2:41 AM

WASHINGTON - While much of Washington is consumed by the debate over tax increases scheduled to take effect next year, big tax hikes have already gone into effect for millions of families and businesses this year.

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probsolverDec. 16, 12 8:07 AM

Millions of families and businesses will get hit by big tax increases ---- isnt this precisely what those on the left voted for? You voted for it, you got it. Stop complaining.

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theagonygopDec. 16, 12 8:39 AM

probsolver: "isnt this precisely what those on the left voted for? You voted for it, you got it. Stop complaining." No, it's exactly what Bush and company put in place...tax cuts that expired in 10 years. They've been extended twice by Obama because the GOP held the economy hostage to preserve the huge tax cuts for the top 5%. The rest of the country wants the richest Americans to pay more than 11% or 12% on millions of income (like willard) while most in the middle class pay a higher percentage onmuch less income. That's what we voted for when the Democrats won the White House handily and added seats in both Houses of Congress: A mandate to preserve middle class tax cuts and to go back to Clinton (or Reagan) rates on the millionaires. But the GOP wants to keep the rich getting richer while the middle class foots the bill for those tax cuts.

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theagonybhoDec. 16, 12 8:53 AM

Hers my advice quit whining about an 80 billion tax on the rich were running 1.3 trillion deficits per year, its a grain of sand on the beach. THE last 12 years we have spent beyond our means and now the bill is due.If you have 47 million on food stamps and half the country getting some type of Government assistance somebody has to pay for it. Guess what everyone has to pay, suck it up and move on or start cutting programs.

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davidf69Dec. 16, 12 8:55 AM

isnt this precisely what those on the left voted for? You voted for it, you got it. Stop complaining. It is until its their money then they don't want it. They just want the benefits

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probsolverDec. 16, 12 9:06 AM

If it will help the country stay out of a fiscal calamity, i would begrudingly pay a bit more in taxes (no i'm not in the 2% you hate). Wht sre you willing to do. Apparently NOT pay more taxes.

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melloncollieDec. 16, 12 9:37 AM

Liberals taught us that restoring tax cuts to previous levels is not a tax increase when it happens under a republican administration. Why are they now claiming that this is a tax increase?

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melloncollieDec. 16, 12 9:39 AM

"If it will help the country stay out of a fiscal calamity, i would begrudingly pay a bit more in taxes"

But it won't. Every dollar in new or additional taxes is spent before it is collected and the amount spent is always greater than collected. Higher taxes leads to increased spending as shown by history. Feeding our money to the insatiable government is a fools game.

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tpods1Dec. 16, 12 9:52 AM

First, for 12 years all I heard was we shouldn't have had the Bush tax cuts. Now we hear it was okay for 98% of the people so let's renew them. That's not what I remember hearing. Second, the tax will raise $80 billion a year. We have over a trillion dollar deficit a year. Maybe if we let the rates go up for all, Democrats (I was one when I thought they were about helping hand not handouts) they will realize this stuff isn't free. Let them all expire and in one year when a person making $60,000 sees monthly check $300-400 less maybe we can have a real discussion on spending and taxes.

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tpods1Dec. 16, 12 9:56 AM

No they think they voted for tax increases for someone else. You know that $80 billion a year from the rich will pay for the 1.5 trillion a year deficit. Stalin called liberals useful idiots

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localguyDec. 16, 1210:09 AM

The "fiscal cliff" was the compromise to which both parties agreed because they didn't have the guts to deal with the problems at the time. Guess what? It worked. A rare governmental success. Now, the chickens have come home to roost.

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