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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (187213)2/28/2009 11:40:49 AM
From: James HuttonRead Replies (2) of 306849
 
"A family with $300,000 income also would be hit by the changes in itemized deductions and capital gains, and in 2011 would see its tax rate rise to 36 percent from 33 .

However, because they would no longer owe the AMT, a couple with two children would owe just $1,100 in additional taxes after the budget, compared to an additional $5,000 for an individual making $300,000, according to Deloitte Tax."

I don't know if this qualifies as hate.

Relatively speaking, these are 1/2 steps. It could be far, far worse given our budget deficits.
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