Americans Got Screwed On Fiscal Cliff Deal
This deal didn’t solve a darn thing,all it did was hurt the middle class,according to Washingtons blog [The Big Winners: Big Banks and Big Companies
The “fiscal cliff” deal will raise taxes for 77% of the American public.
It will add $4 trillion dollars to the deficit over the next 10 years.
It will create a drag on the economy equal to 1% of the gross domestic product]
American taxpayers officially screwed under ‘fiscal cliff’ deal
Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.
Earners in the latter group will pay an average 1.3 percent more – or an additional $2,711 – in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent – or up to $1,784 – the D.C.-based think tank reported.
Overall, nearly 80 percent of households will pay more money to the federal government as a result of the fiscal cliff deal.
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young, middle aged, old, poor or middle class, we’re all screwed by this government
This government sucks.
You’re saying that this country got screwed? Its not like we’re virgins.