Friday, January 4, 2013

Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under new fiscal deal

Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under new fiscal deal


Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.
Earners in the latter group will pay an average 1.3 percent more - or an additional $2,711 - in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent - or up to $1,784 - the D.C.-based think tank reported.


TONY DIGIROLAMO
WELL THE OBAMA LIES COMETH AND THE TRUTH SPEAKS VOLUMES THAT THE MIDDLE CLASS IS REALLY GETTING THE SHAFT.
I'm reminded of another Paul Simon song, Mrs Robinson,
"Sitting on a sofa on a Sunday afternoon
Going to the candidates debate
Laugh about it, shout about it
When you've got to choose

Ev'ry way you look at it, you lose"
We did choose a lalapaloser!

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