Well...Ok they expire. Now what?
Let's take a look at the "kink" in the situation.
The kink is letting the tax break stay for the wealthiest of the wealthly. I mean come on. $200,000. for a single filer or Quarter Million for a family is the minimum amount earned in a year for qualification to be a part of wealthiest of wealthly tax bracket. It is a secure place to be. Excuse me, I was just daydreaming what it would be like to be in that bracket and it is nice. Ok.
There is $60,000,000,000.00 at stake here. For the 2% bracket.
Now who would win by the inaction? I mean the law is the law and this will happen. Treasury would collect.
You know trying to defend a tax that effects just the smallest and best prepared to absorb such a tax is a exercise in crap.
Sunday, October 31, 2010
Subscribe to:
Posts (Atom)
Posts
