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Author: Hochizen Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 749481  
Subject: Re: I'm Trying To Tell You Date: 12/6/2012 9:29 AM
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I think this refers to Obama's tax cuts.

I remember my tax cut under Bush the Lesser. It was around fifteen bucks every other week. I had one kid and an income that was slightly above the average for middle class, as I recall.

Under Obama, I got a tax cut that was over $100 per check. At the time, my salary had increased but not by that much.....say, keeping with inflation. Yeah, I am quite sure it is the payroll tax break. That said...

I sincerely do NOT see where the Bush tax cuts saved $2000 per year for an average middle class family. The White House page referenced merely says what will happen after the cliff....it doesn't refer to specific tax breaks. By they way, the fifteen bucks every two weeks that was such a windfall didn't do squat....the extra hundred buck DID help at the time.

Anyway, I believe we should jump off the cliff....then pass tax cuts for the middle class. That is the best solution given the current gulf between the parties.
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