jainen Posted December 31, 2012 Report Posted December 31, 2012 For example, the estate tax is 35% now. One likely proposal is 45%. Although that's less than the automatic jump to 55%, it's still an increase. Nobody wants to vote for a tax increase. If they wait until after January 1st, 55% will be the law of the land. So then everyone can vote for the same 45%, but claim to be cutting taxes! Congress has more questing and character-building than Baldur's Gate. Not as funny, though. Quote
Randall Posted December 31, 2012 Report Posted December 31, 2012 Yes, Jainen. And the media and people fall for this because they don't understand any of this at all. 1 Quote
kcjenkins Posted January 1, 2013 Report Posted January 1, 2013 The only really good news I've heard so far is that they are FINALLY going to make the indexing of the AMT permanent. , 1 Quote
joanmcq Posted January 2, 2013 Report Posted January 2, 2013 Oh thank god! I was wondering about that. We might disagree on what else is 'good' or 'bad' in the deal, but this one is a no-brainer. I can't believe it took this long for this simple @#$% change. Quote
kcjenkins Posted January 3, 2013 Report Posted January 3, 2013 Yes, it is certainly way past time for this to have been corrected. 1 Quote
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