Tax Stories of the Jacksonsville Princess

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Fiscal Cliff Deal – 77 Percent Of All Americans Set To Pay More Taxes

Posted by srpatterson3 (#1) 4115 days ago (http://2012taxes.org)

Fiscal Cliff DealThe President has claimed that the Tuesday night fiscal cliff deal will reduce middle class taxes in America. However, taxes for most Americans will increase in 2013. The tax relief that has been built into the package will add nearly $4 trillion per year for the next 10 years to the existing $16 trillion debt. The fiscal cliff deal passed by the Senate and the Congress will not

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Understanding The Fiscal Cliff Deal

Posted by srpatterson3 (#1) 4115 days ago (http://2012tax.org)

The Fiscal Cliff DealThe taxes paid by most Americans will definitely increase despite the fiscal cliff deal just signed by Congress.President Obama has declared that the fiscal cliff deal as a victory for middle class households. This may not be true because taxes are bound to go up and this will lead to an increase in middle class taxes.America also has a huge national debt of $16 trillion. The

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President Obama And The Fiscal Cliff Deal

Posted by srpatterson3 (#1) 4119 days ago (http://2012tax.org)

President Obama has left out certain important aspects of the fiscal cliff deal, in a video broadcast on the Web. This could give a wrong impression of the deal’s impact on the deficit and taxpayers -President Obama seems to be boasting that families coming under the middle-class category will not be paying more than $2000 extra as taxes during the year. This is correct for taxes on income;

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Mitt Romney and The Debt Ceiling Deal

Posted by srpatterson3 (#1) 4153 days ago (http://2011taxes.org)

The Debt Ceiling DealOn Sunday September 9th 2012, presidential nominee Mitt Romney denounced the debt ceiling deal that helped to avert an overwhelming government debt default in the US. This despite the fact that one of the deals supporters is his current running mate Paul Ryan.Mitt Romney called the deal between the White House and the congressional Republicans “a mistake”. He went

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