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Author: alstroemeria Big gold star, 5000 posts Top Recommended Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1961488  
Subject: Re: Oh No -- Boehner proposes tax hike for the R Date: 12/17/2012 7:47 AM
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My wife and I would pay about 14K in additional taxes

So what? If we hadn't passed the stoopid Bush tax cuts while at war, you'd've been paying them all along. And the deficit would be a fraction of what it is now. And we could've cut taxes when it was logical, when the 2008 recession was underway. And wouldn't have to be so concerned about rolling the tax cuts back so soon.

So sorry, but those who benefited most from the tax cuts--like you--need to pay it back.

Unfortunately, too many of you want the most vulnerable who got the smallest cuts to pay back the most (relative to income). Do you think my husband and me, retiring on 2/3 Social Security, can afford to pay $14k in additional taxes, fees, Social Security cuts, and medical expenses no longer covered by Medicare? (BTW, that would be almost 25% of our income.) Or maybe reduce help for the poor/working poor/unemployed by $14k per family? Oops, that would be about all of it!
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