A Looming Tax Grab Will Also Have A Significant Impact On Middle-Class Americans | IBD

Imagine if your taxes tripled — literally overnight.

The so-called Bush tax cuts are set to expire at the end of the year. That means that all of the current income tax rates will rise to pre-2001 levels overnight. The lowest rate will jump from 10% to 15% and the highest from 35% to 39.6%. Although Congress extended all of the cuts at the end of last year, some Democrats have pledged to let the tax cuts expire for the “rich” — individuals making $200,000, and $250,000 for families. Continue reading

Catch. Release. Vote Democrat. — Obama’s Amnesty-Pandering To Illegals Is A Raw Deal For U.S. Voters – Investors.com

“Election ’12: In his most brazen act of pandering to date, President Obama has dangled de facto amnesty to 800,000 illegal immigrants in a shameless bid to win Latino votes. This is pure banana-republic electoral politics…” via Investors.com.