Stan Morris's Blog – December 2010 Archive (1)

They've done it again

The new tax extensions will hurt 45 million households in America. There are roughly 100 million households in America and this new extension just took an average of $400.00 from 45 million of them. That isn’t a lot of money to some but it is to most of the families that are just getting by already. When the average median income (adjusted for inflation) is already lower by $800.00 and taxes already up 25% to those people since 1970 anyway. Add on top the $300-$500 a month they pay in extra…

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Added by Stan Morris on December 15, 2010 at 2:00pm — No Comments

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