Brian’s Tax Musings

There is a new push by Senate Democrats to push through an extension of the payroll tax cut (expand it some, in fact) and pay for it with a new tax on people with adjusted gross income over 1 million dollars.  The payroll tax cut will be for this year and the new tax on millionaires would start in 2013 (?)  Is it permanent?  Take a look:

http://www.bloomberg.com/news/2011-11-28/senate-democrats-eye-3-25-millionaire-levy-to-extend-cut-in-payroll-tax.html

If anything actually happens on this, I will let you know.

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