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Posts Tagged ‘what new taxes will be imposed’

Taxes, Taxes, Taxes…

Posted by Larry Doyle on May 28th, 2010 10:38 AM |

Uncle Sam wants your money. In fact, Uncle Sam needs your money. How is he going to get it? Any way he can.

Thank you to a loyal Sense on Cents reader for sharing more details about one of life’s two great certainties and how increased taxes will be coming your way. These details are highlighted in a recently released Credit Suisse research piece, Washington Notes:

While many questions have been raised about the ability of the Administration and Congress to find funding for the new initiatives, it is clear that a reduction in current spending alone will not be enough to cover new programs and therefore it will be necessary for the President and Congressional Democrats to rely heavily on increasing taxes. (more…)






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