Obama Breaks Promise to Not Raise Taxes on the Middle Class. The
headline news from the recent deal to avert the fiscal cliff is that
Congress is raising tax rates on wealthy individuals for the first time
in nearly two decades. Less noticed is something that may be equally
momentous: Congress just raised taxes on the middle class as
well.virtually every worker will still get a smaller paycheck in 2013,
because of another tax measure that expired. Beginning in 2009, Congress
cut the payroll tax—which helps finance Social Security—to put a bit of
extra spending money in workers' pockets.
Read more: http://www.brainyquote.com/quotes/quotes/b/barackobam409244.html
Read more: http://www.brainyquote.com/quotes/quotes/b/barackobam409244.html
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