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Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

usmcpgw Wrote: Nov 30, 2012 12:39 PM
MARRIED Iindividuals filing Joint Returns and Surviving Spouses. Up To: $17,400.00 10% $70,700.00 $1,740.00 plus 15% of the excess over $17,400.00 $142,700.00 $9,735.00 plus 25% of the excess over $70,700.00 $217,450.00 $27,735.00 plus 28% of the excess over $142,700.00 $388,350.00 $48,665.00 plus 33% of the excess over $217,450.00 More than $388,350.00 $105,062.00 plus 35% of the excess over $388,350.00
Kilroys Wrote: Nov 30, 2012 12:41 PM
So the "Bush tax cuts" really were a good thing.

I'm shocked, just shocked I tell ya!

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Republicans have been asking for the White House's plan for some time now -- well, they finally got one.  Oh my:
 

House Republicans said on Thursday that Treasury Secretary Timothy F. Geithner presented the House speaker, John A. Boehner, a detailed proposal to avert the year-end fiscal crisis with $1.6 trillion in tax increases over 10 years, an immediate new round of stimulus spending, home mortgage refinancing and a permanent end to Congressional control over statutory borrowing limits. The proposal, loaded with Democratic priorities and short on detailed spending cuts, was likely to meet strong...

Wednesday, June 19 | 12:42 AM ET
Wednesday, June 19 | 12:42 AM ET
Wednesday, June 19 | 12:42 AM ET
Wednesday, June 19 | 12:42 AM ET