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Another tax proposal to make your blood boil
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Tuesday, July 21, 2009
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From Newsmax:

It's probably never a bad time to be rich. But the good times for America's wealthy could soon be a little less so.

President Barack Obama wants to boost income taxes for the wealthy to pay for tax cuts for everybody else. He wants to limit the deductions that high-income families take for mortgage interest and charity contributions to help pay for providing more people with health insurance.

House Democrats are planning to hit the wealthy with even higher income taxes to pay for their version of a health care overhaul.

Read full article...

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Topics: Taxes | Healthcare | Boondoggle
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