Quote Originally Posted by BanginJimmy View Post
So the fiscal cliff has been averted, well partially. People that still earn an income will see a minimum of a 2% jump in their taxes.

The people that no longer earn an income through wages, like Warren Buffet, will see no rise in their taxes.

EDIT: I havent confirmed this yet but I think I just heard that capital gains taxes jumped 5% also.

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SS Taxes went back to the normal rate which effects everyone who gets a paycheck, like 2.3% increase. No big deal, should have happened.

Income taxes on individual making 400k+ went from 35%- 39% (Households 450k+)

Capital gains , which effects every american who invest, jumped from 15% to 20%

And in return, we got ZERO SPENDING CUTS

GOP needs to have its balls chopped off. What a bunch of spineless wimps. How did they let the Dems get away with ZERO SPENDING CUTS.