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Despite fiscal-cliff deal, Americans to pay more
... research group, estimates that 77 percent of American households will face higher federal taxes ... -income families will feel the biggest tax increases, but many middle- and low-income families will pay higher taxes too. ... (Associated Press) While the tax package that Congress passed New Year's Day will protect 99
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77% face higher taxes despite debt deal
... Washington research group, estimates that 77 percent of American households will face higher federal taxes ... - income families will feel the biggest tax increases, but many middle- and low- income families will pay higher taxes too. ... WASHINGTON (AP) - While the tax package that Congress passed New Year's Day will protect 99 percent
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More working familiesphased out of tax breaks
... 20 tax benefits, such as the child tax credit, phase out at higher income levels. Complaints ... -outs of deductions that could offset those higher rates. In effect, families are losing tax ... such as the higher $600-per-child tax credit that went into effect last year as part of President
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Poor are not poor because rich are rich
... the complex reality behind the fact that "median wealth of white households is 20 times that of black ... ; there are an equal number of households with higher and an equal number with lower wealth. "Average ... white household wealth is 20 times higher than median black household wealth, average white household
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Phony divide between fiscal, social issues
... Foundation reports that more than 70 types of federal means-tested handouts, in cash or benefits ... with Lyndon Johnson's War on Poverty in the 1960s. LBJ welfare channeled all the money and benefits ... Murray laid this all out more than 20 years ago. He said, "Illegitimacy is the single most
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Nothing certain except death and a FairTax
... in higher taxes over 10 years – and that's after accounting for his $154 billion ... reports, the top 10 percent of income earners pay 70 percent of all income taxes, while more than a third ... expenses. It is interesting to note, however, that the income tax law was revoked 10 years later
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Reagan revolution redux?
... conclusions." In the 1980s, Reagan's slashing of the highest personal income tax rate from 70 percent ... and on capital gains from 20 percent to 15 percent. Moore says the sharp cuts in the double tax ... Bush's tax cuts, according to a new Congressional Budget Office report. The theory by economist
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There aren't enough rich people
... qualifies one as being rich. It's not even yacht and Lear jet money. All told, households earning ... taxes, they report less income, buy tax shelters and hide their money. It's not just rich people who ... the evidence? Federal tax collections have been between 15 and 20 percent of the nation's Gross
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Amnesty harms blacks
... , that is most damning. It is the 10-ton pink elephant in the middle of the room that no one is willing ... in to the convoluted desire of President Bush and passes an immigration bill that allows for amnesty ... points out the following: "Our research shows that low-skill immigrants' households, on average
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If Rubio's amnesty is so great, why is he lying?
... tax system. By "paying taxes," Rubio means "filing a tax return and getting a payment back from ... Rubio was the Mount Vesuvius of lies about his immigration bill. Here is how Rubio explained ... the powerful border-enforcing mechanism in his bill on "Fox News Sunday," which he denied was merely