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Stealth Taxes

Stealth Taxes

Two of the new stealth taxes were created by last year’s ObamaCare. First, the Medicare payroll tax is going up. The tax is now 2.9% on all wages; employers and employees each pay 1.45%. Starting in 2013, individuals making more than $200,000 (and couples making more than $250,000) will have to kick in an additionalRead more about Stealth Taxes[…]

Debt Deal

Debt Deal

The new Gang of Six proposal brewing in the Senate is a total sellout which promises to usher in a vast new round of new taxes. Not just closing of loopholes, but real live taxes we will all have to pay. The proposal is based on the recommendations of the Bowles-Simpson Deficit Reduction Commission asRead more about Debt Deal[…]