End of Bush Cuts Means Higher Taxes
I hadn't paid much attention to all the ballyhoo over Bush's tax cuts. I assumed it was just more of the class warfare we've seen so much of lately. They're scheduled to end at the end of this year.
Turns out, when those tax cuts expire, everyone's taxes are likely to go up. No more 10% tax bracket. The lowest will be 15%. I'm wondering how I'll fare? My income taxes already more than doubled this last year so this could be a big problem for me.
More on what's expiring and what's not from Yahoo News.