Saturday, March 06, 2010

3 Comments:

Blogger Jefferson's Guardian said...

As much as I love Bill Maher, I do take issue with one comment he made regarding taxes. Despite the recent rhetoric from the Obama administration, we never had a tax cut during his presidency. That's a fallacy and I'm surprised nobody has called him (Obama) on it. Sure, withholding was lessened in 2009, but our marginal tax rates never changed.

People may have received more in their paychecks last year, due to adjusted withholding, but they still owed the same amount when they filed.

1:35 AM  
Blogger Anna Van Z said...

Good to know, JG, thanks.

9:26 AM  
Blogger Sara said...

Not only that, but depending on which state one resides in, state income tax may have increased. After local sales tax increased.

I am dreading filing in CA this year.

7:15 PM  

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