Quote Originally Posted by kraven251 View Post
Everything I have seen is that you are going to get hit with minimum additional 5% taxes and upto additional 15% if you are making over 100k. Pretty much gutting the middle class, this is if Congress lets it all lapse. The country will be pretty fucked, Happy New Year.
Seriously, I'd almost be tempted to laugh if it wasn't so disastrous and so avoidable if Washington weren't such a bag of a-holes. That damned a-hole obama thinks he can keep up such reckless spending, and then he even *contemplates* the possibility of imposing such taxes across the most vulnerable lower-middle income tax brackets who are the only people keeping consumer spending limping along. Borderline treasonous. This is honestly Econ 101, and it's beyond an "oops" and looking more like a purposeful kamikaze of the economy.