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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (266569)12/30/2005 3:16:55 PM
From: tejek  Read Replies (1) of 1575994
 
The New Year in Taxes
A surprise awaits the nation's highest earners when they file their 2006 tax returns. Their taxes are going down again - whether or not Congress passes the investor tax cuts the lawmakers have been promising. On New Year's Day, two additional tax cuts will kick in, allowing people who earn upward of $200,000 a year to claim bigger write-offs for a spouse, their children and other expenses, like mortgage interest on a vacation home.


I am beginning to understand why the Dems have this bad rap about taxes. While in power, the GOP irresponsibly cuts taxes down as much as possible and so when the Dems get back in power, they have no choice but to raise them.

ted
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