Raising Taxes on Everyone but the Wealthiest Americans?

A few weeks ago, it appeared as though certain House Republicans would have rather seen the country go into default rather than raise taxes. Now it seems that the GOP is willing to let the temporary payroll tax cuts expire as planned. This is the same GOP who fought hard to make sure the Bush tax cuts did not expire (as that would have been a tax increase). It is interesting that the GOP suddenly had a change of heart over taxes. It is even more interesting that they support a tax increase that will mostly likely affect lower and Continue reading Raising Taxes on Everyone but the Wealthiest Americans?