mckitterick (
mckitterick) wrote2007-11-08 12:25 pm
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subsidizing the rich with your taxes
If the richest tycoons on Wall Street get their way, you'll face a significant tax hike this year so they can buy another tropical island. Sound fair?
Here's the deal: A provision called the "alternative minimum tax" is going to end up raising taxes for tens of millions of middle-class households — maybe even yours — unless Congress acts quickly.
Democrats want to cancel this tax increase for the middle class and pay for the shortfall by closing a massive new loophole that's allowing the richest investors on Wall Street to pay lower tax rates than you or I do.
I signed a petition urging Congress to close this tax loophole. Can you add your name to the petition?
Thanks!
Chris
Here's the deal: A provision called the "alternative minimum tax" is going to end up raising taxes for tens of millions of middle-class households — maybe even yours — unless Congress acts quickly.
Democrats want to cancel this tax increase for the middle class and pay for the shortfall by closing a massive new loophole that's allowing the richest investors on Wall Street to pay lower tax rates than you or I do.
I signed a petition urging Congress to close this tax loophole. Can you add your name to the petition?
Thanks!
Chris