A multi-partisan activist group established to expose and resist US imperialism, corpora-terrorism, and the New World Order
Obama-GOP Deal: Taxes Rise for Poorest US Citizens --Highest Earners Benefit Most, as Under Bush 08 Dec 2010 The deal to extend the Bush-era tax cuts for two years includes a bevy of additional credits and deductions that will reduce the burden on nearly all households. But the tax benefits will flow most heavily to the highest earners, just as the original cuts did when they were passed in 2001 and 2003. At least a quarter of the tax savings will go to the wealthiest 1 percent of the population... The only groups likely to face a tax increase are those near the bottom of the income scale - individuals who make less than $20,000 and families with earnings below $40,000.