Skip to content
BOL Conferences
Learn More - Click Here!

Thread Options
#1336161 - 02/02/10 10:00 PM Tax Increases for Everybody!!!!
Pale Rider Offline
10K Club
Pale Rider
Joined: Aug 2002
Posts: 34,318
under the Lone Star
....lower-income families will pay more as well: the 25 percent tax bracket will revert back to 28 percent; the 28 percent bracket will increase to 31 percent; and the 33 percent bracket will increase to 36 percent. The special 10 percent bracket is eliminated.

Middle-class families also will find fewer tax breaks available to them in 2010 if other popular tax provisions are allowed to expire. Among them:


* Taxpayers who itemize will lose the option to deduct state sales-tax payments instead of state and local income taxes;


* The $250 teacher tax credit for classroom supplies;


* The tax deduction for up to $4,000 of college tuition and expenses;


* Individuals who don't itemize will no longer be able to increase their standard deduction by up to $1,000 for property taxes paid;


* The first $2,400 of unemployment benefits are taxable, in 2009 that amount was tax-free.

http://ca.news.yahoo.com/s/reuters/100201/us/usreport_us_budget_backdoortaxes
_________________________
Societies that do not find work in and of itself "pleasing to God and requisite to Man," tend to be highly corrupt.


Return to Top
Chat! - BOL Watercooler
#1336171 - 02/02/10 10:09 PM Re: Tax Increases for Everybody!!!! Pale Rider
MB Guy Offline
10K Club
Joined: May 2004
Posts: 10,124
Way, way south.
Whoooooooooooooo Hooooooooooooooo!!!!!!!!!!!
_________________________
Giddy up.

Return to Top
#1336225 - 02/02/10 10:54 PM Re: Tax Increases for Everybody!!!! Pale Rider
NotALawyer Offline
Gold Star
NotALawyer
Joined: Nov 2001
Posts: 455
Link doesn't work.

Return to Top
#1336226 - 02/02/10 10:57 PM Re: Tax Increases for Everybody!!!! NotALawyer
HappyGilmore Offline
10K Club
Joined: Jun 2004
Posts: 19,844
Pulling people out of the ditc...
it does work, but you have to agree to the use tax before proceeding
_________________________
Providing alternative truths since the invention of time

Return to Top
#1336230 - 02/02/10 11:03 PM Re: Tax Increases for Everybody!!!! HappyGilmore
Peepers Offline
10K Club
Joined: Jul 2002
Posts: 13,994
Thanks President Robin Hood
_________________________
blah

Return to Top
#1336451 - 02/03/10 02:56 PM Re: Tax Increases for Everybody!!!! Peepers
YosemiteSamIAm Offline
Power Poster
Joined: Jan 2004
Posts: 2,795
Guess
Originally Posted By: Triumph
Thanks President Robin Hood
More like President Bass Ackwards.
_________________________
Sorry, did I just use my outside voice?

Return to Top
#1336461 - 02/03/10 03:02 PM Re: Tax Increases for Everybody!!!! YosemiteSamIAm
Peepers Offline
10K Club
Joined: Jul 2002
Posts: 13,994
yeah, I suppose he's not so much taking from the rich and giving to the poor

now he wants to take from everyone
_________________________
blah

Return to Top
#1336463 - 02/03/10 03:04 PM Re: Tax Increases for Everybody!!!! Peepers
TB 12 Offline
Power Poster
TB 12
Joined: Feb 2005
Posts: 6,559
Foxboro
Hey guys-don't look here-go check out the "don't ask don't tell policy"..nothing to see here...move along...
_________________________
Best QB Ever. Worst Defense Ever.

Return to Top
#1336492 - 02/03/10 03:23 PM Re: Tax Increases for Everybody!!!! TB 12
TheManofSteel Offline
10K Club
TheManofSteel
Joined: Nov 2006
Posts: 10,068
Fortress of Solitude
This meets the definition of torture.
_________________________
"Beneath an ever watchful eye...the angels of the temple fly"

Return to Top
#1336783 - 02/03/10 06:19 PM Re: Tax Increases for Everybody!!!! HappyGilmore
NotALawyer Offline
Gold Star
NotALawyer
Joined: Nov 2001
Posts: 455
Originally Posted By: HappyGilmore
it does work, but you have to agree to the use tax before proceeding


Sorry, the page you requested was not found.
The story or page you were trying to access may have expired.

If you are having trouble locating a destination on Yahoo! Canada News, try visiting the Yahoo! Canada News home page. Also, you may find what you're looking for if you try searching below.

Return to Top