While at an electric vehicles plant, President Barak Obama gives a speech on economic growth ( what economic growth? ) and at the same time, slamming the Republican party for growth policies that are working. What tax cuts President Obama, come January 1st of next year, THERE WILL BE A TAX INCREASE! With MANY THANKS to AP and to YouTube. Watch Video Here:
That’s true, but there is also a lot of hype. People are going crazy over the fact that the death tax will return! Fact is, for those dying on or after January 1, 2011, there will be a 55 percent top death tax rate on estates over $1 million. So how many people have a million laying around? Never believe headlines before you have read the whole story, that’s my take on it.
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