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Tax Talk

Household Income Threshold

Joe Hockaday - Friday, December 21, 2012

President Obama and Congress are talking about changing the household income threshold from $250,000 to $400,000.

This plan would not increase taxes on the middle class but increase taxes on higher income families making over $400,000 per year. http://www.bloomberg.com/news/2012-12-18/obama-counter-offer-raises-tax-hike-threshold-to-400-000.html.


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