Posted by: Scott Lee | December 29, 2008

Ten Tax-Hike Threats in the 111th Congress

Ten?  Only ten?    I hope so, but I fear there will be many more!  National Taxpayers Union put together their list of the top ten that will mostly like be implemented in the first part of 2009.

  1. Repeal/Expiration of the 2001 and 2003 Tax Cuts
  2. Payroll Tax Increases
  3. Smaller Alternative Minimum Tax Patches
  4. Imposition of “Windfall Profits” Energy Taxes
  5. Modification of Health Care Tax Treatment
  6. Increase in the Federal Excise Tax on Cigarettes
  7. Increase in the Federal Excise Tax on Gasoline
  8. Approval of the Streamlined Sales Tax Project
  9. Repeal of Tax Protections for Retirement Savings
  10. Attack on Earnings Deferral and International Tax Competition

We talked about it here on our show!  If all this hits, and I am pretty sure it will, you haven’t seen a slow economy!

Taxing our way to prosperity!  Thanks Obama voters!


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: