Mike14760 Wrote:
Nov 22, 2012 10:05 AM
Actually the tax cut brought more money into the treasury even though people paid a lower rate and there are a lot of people who are not paying taxes due to the tax cuts. Jobs also increased untill the housing bubble. If the tax cuts are not extended some people are in for a big surprise. People who now get an earned income tax credit where they get money from the government may find themselves paying $1500 a year.