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Friday, November 30, 2012

Economic Efucation

The Fiscal Cliff

Just some of it's effects:

90% US households to see higher taxes
• 121 million households will have payroll tax increase
FAMILY INCOMES of $40,000 - $60,000/yr will pay an extra $2,000 in taxes

Remember that this is just FEDERAL taxes ...

States and County/city will have their own increases as well

One way to get this money will be to (again) inflate what a persons house is supposed to be worth...

This will get us back into the same problem as before ...

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