A wave of tax hikes will hit American taxpayers early next year.
- GOVERNMENT
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Tuesday, July 10, 2012
Now that Obamacare has passed its Supreme Court challenge, the path is now clear for 20 new related taxes to go into effect. Over the next 10 years, these new taxes will result in an additional tax burden of $500 billion. These hikes, combined with several other upcoming tax hikes, are collectively referred to as “Taxmageddon” and will begin to hit American taxpayers in January of 2013. According to a report in Business Week, the Congressional Budget Office fears the hikes along with planned spending cuts could send the economy back into recession. “It would also result in 83 percent of U.S. households facing an average $3,701 in tax increases, according to the Tax Policy Center,” Business Week reported. Whether or not Congress and …
The representative of Georgia’s 11th district discussed the economy, gay marriage, Obamacare and this year’s presidential race Monday night.
The representative of Georgia’s 11th district discussed the economy, gay marriage, Obamacare and this year’s presidential race Monday night.
On the heels of President Barack Obama's stated support of gay marriage, Congressman Phil Gingrey, R-Marietta, addressed the issue during a town-hall meeting Monday night at Mount Paran Christian School in Kennesaw. “I don’t like the secularism that’s occurring in this country one bit and I think it is incumbent upon those of us [that] stand strong, to stand very strong, in regard to that and say ‘look, Billy and I believe that marriage is a sacrament,’” Gingrey said. “I’m not ashamed to say that, and I won’t be ashamed to say that, and I hope our nominee on my side of the aisle will not back away from saying that and stand strongly.” Gingrey, who is up for reelection this fall, said he will continue to “stand strong for Christian, …
Drewboo
10:57 am on Saturday, June 30, 2012
What a bigot. Way to make Georgia look backwards! more ›