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Originally Posted by tony299
please post a real news source for that?
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http://www.unionleader.com/article.a...c-bdaa935256d3
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As Investor's Business Daily pointed out yesterday, if no action is taken, "(t)he lowest bracket for the personal income tax, for instance, moves up 50 percent -- to 15 percent from 10 percent. The next lowest bracket -- 25 percent -- will rise to 28 percent, and the old 28 percent bracket will be 31 percent. At the higher end, the 33 percent bracket is pushed to 36 percent and the 35 percent bracket becomes 39.6 percent."
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along with many others. Most of the sources you masturbate over like msnbc will only point out the hike from 35 to 39.6 or the 31 to 33. You know those "unbiased" sources.
Letting the Bush tax cuts expire would also place back the death tax.