Quote:
Originally Posted by shmike
"OMG, if the Bush tax credits are extended, my blind Granny's taxes are going to be 110% of her income!"
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Just curious, why do so many people seem to think Bush's cuts are supposed to be permanent? At least, that's the impression I'm getting from reading the media and people who post comments. It's like they think those cuts were written into the Constitution or something. They do realize there's an expiration date, right? What, do they think taxes can only go down, not up? Do these people ever hear of economic cycles?