“It’s that much higher?”
“It’s that much higher?” asked IT worker Vikas Kataria, 34, who discovered that his combined household income of about $250,000 per year will cost him nearly $10,000 more in taxes.
“I thought it was a couple thousand — but that’s a lot,” said Kataria, who works at Merrill Lynch in Manhattan and is married to a systems analyst for a brokerage firm. “That’s huge!”
With higher taxes, the couple would have to cut out on traveling and family vacations.
Clothing designer Peter Opie, of Canary Wharf Clothier, made about $2 million this year — and would see his tax bill spike by a staggering $100,000.
“The system is nuts here — it’s madness personified!” he said









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Math is hard for liberals. LIB
txmomof6 on December 28, 2012 at 12:24 PM
Sorry, Paster. The only relevant facts are the ones behind discussed in Washington these days — and distorted in the article — not your interpretation of Obama’s wishes.
Conservatives don’t care about America, they’re just frightened and clingy.
If $80 billion a year is “nothing” (and check your math, that would be 8.0% of the deficit, not 0.8%), I suppose millionaires will hardly feel it when they pay up.
urban elitist on December 28, 2012 at 12:25 PM
Too bad no one told them that earlier…for months and months…or had online tax calculators…or tv ads…
29Victor on December 28, 2012 at 12:29 PM
characterize it with any absurd adjective you want, we’re still talking about a tax increase of a few percentage points.
sesquipedalian on December 28, 2012 at 12:31 PM
FIFY
Stu Gotts on December 28, 2012 at 12:31 PM
Unfortunately they will not learn the error of their ways. Their entire ideology is based on economic illiteracy: a misunderstanding/rejection of basic economics, rules which apply to government as well as markets.
visions on December 28, 2012 at 12:32 PM
You don’t understand. If more taxes means less eating out or buying luxury goods … who do you think that affects?
darwin on December 28, 2012 at 12:32 PM
Good, I hope it decimates the incomes of every clueless liberal who voted for Obama.
RedRedRice on December 28, 2012 at 12:32 PM
Why do you want higher taxes?
darwin on December 28, 2012 at 12:32 PM
Obama’s actions are going to be a huge drag on the economy. Why doesn’t that bother you? Do you really hate the country that much?
blink on December 28, 2012 at 12:33 PM
unless you’re from DC, the statistical chances of which are minuscule, you have a democratically elected representative, so sit down and be quiet. you’re desperately seeking to add meaning and purpose to your life via escapist fantasies of a heroic struggle against imaginary enemies. it’s tiring and, frankly, incredibly juvenile.
sesquipedalian on December 28, 2012 at 12:36 PM
You gotta love how this guy tries to spin hundreds of thousands of dollars worth of tax increases on working families into “a few percentage points.”
We are by no means wealthy, and my family’s taxes are going to go up by about $600 every month. There’s your “few percentage points,” a$$hole.
UltimateBob on December 28, 2012 at 12:36 PM
because they’re too damn low.
sesquipedalian on December 28, 2012 at 12:37 PM
“Shut up,” he explained.
Stu Gotts on December 28, 2012 at 12:39 PM
Why are you a socialist?
blink on December 28, 2012 at 12:39 PM
the gop is the only drag on the economy. it blocked tax cuts for the middle class to protect the wealthy.
you’ll have no idea what hit you when the mob will come after the gop with pitchforks.
sesquipedalian on December 28, 2012 at 12:39 PM
it’s chic nowadays.
sesquipedalian on December 28, 2012 at 12:40 PM
Urban communist and sesquipedbag don’t hate the country, really, they just hate the exercise of free will and the free society that creates.
Stu Gotts on December 28, 2012 at 12:41 PM
talk to boehner, who blocked your tax cut.
you deserve it, you voted for the gop.
sesquipedalian on December 28, 2012 at 12:42 PM
you’re describing gun owners. the greatest violators of others’ rights.
sesquipedalian on December 28, 2012 at 12:46 PM
Remember the disastrous “yacht tax” from 1990? How about all of these Dumbocrat Senators suddenly wanting to rescind the upcoming 0dumbaCare tax on medical devices?
These people don’t learn from either history or their own mistakes – Pastor Jon would do well for himself to keep in mind that the stupid reprobates with whom he is trying to have a intelligent, good-faith discussion don’t share his interest, at least in part because they are incapable of doing so.
Anti-Control on December 28, 2012 at 12:46 PM
The huge drag on the economy is the deficit. A small tax increase on a small number of people — which will have an even smaller effect on the aggregate demand that drives the economy– is not the threat.
urban elitist on December 28, 2012 at 12:47 PM
Make me beyotch. And you are a fool.
VegasRick on December 28, 2012 at 12:47 PM
The tax code gives 47% of the population an excuse to remain lazy and uniformed in regards to spending and borrowing. Not to mention they aren’t participating in the policies they cheerfully heap onto others.
antipc on December 28, 2012 at 12:47 PM
So, you want to put a drag on the economy just because it’s a trendy thing to do right now?
sesquipedalian, I have no doubt that you would have been a full supporter of the killing fields.
blink on December 28, 2012 at 12:51 PM
Expenses > income = deficit. Decrease expenses = decrease deficit.
Math is hard for the libtard.
Stu Gotts on December 28, 2012 at 12:53 PM
And those people going to dinner less often won’t affect the food purchased or employees retained by dining establishments, right?
Then more people are laid off, fewer people go out to eat, forcing more layoffs et al.
What’s wrong with you that you actively seek this out?
Washington Nearsider on December 28, 2012 at 12:53 PM
Ha ha. That claim is funny.
Fixed it for you.
Do you support Obama’s plan? Would you like to see the House pass Obama’s plan with the R’s voting present?
Yup, you support the killing fields.
blink on December 28, 2012 at 12:54 PM
Sesqui and urban elitist fully support Lenin’s economic plan.
UltimateBob on December 28, 2012 at 12:56 PM
or increase revenues, math genius?
sesquipedalian on December 28, 2012 at 12:56 PM
If not a full supporter, at least an indifferent one. Same goes for urban elitist – these people don’t really care about what people like Bill Ayers do, as they prove time and time again.
Anti-Control on December 28, 2012 at 12:58 PM
Then why do you support such huge spending deficits? Why do you only support stupid, class-warfare actions that won’t have any effect on the deficit?
It will absolutely have a material effect on the aggregate demand that drives the economy. It will also have a material effect on other economic drivers (drivers other than demand). But I certainly wouldn’t expect you to understand anything about this.
Yes, it is.
blink on December 28, 2012 at 12:58 PM
douchebags like you only know MORE spending. obambicare anyone?
VegasRick on December 28, 2012 at 12:59 PM
no one said there aren’t tradeoffs. life’s not a bottomless jug of creme fraiche, lad.
sesquipedalian on December 28, 2012 at 12:59 PM
Do you know the best ways to increase revenues? And meaningful increases, not the token, useless increases that you support.
blink on December 28, 2012 at 12:59 PM
What do you need more taxes for?
darwin on December 28, 2012 at 1:00 PM
why do you love the deficit?
sesquipedalian on December 28, 2012 at 1:01 PM
we’re running huge deficits, if you’re unaware.
sesquipedalian on December 28, 2012 at 1:02 PM
Even taxing “the rich” at 100% can’t get half-way to Barry’s trillion dollar deficits, genius. Tax increase = one drop in an ocean.
Stu Gotts on December 28, 2012 at 1:03 PM
This won’t happen.
Nick_Angel on December 28, 2012 at 1:03 PM
i’m quite well versed in nutty conservative economic theories.
sesquipedalian on December 28, 2012 at 1:03 PM
So we’re clear, you would actively seek out higher unemployment, fewer jobs, and less disposable income for everyone if it meant that the highest tax bracket went from 35%-39%?
It’s YOUR people who are acting like life is a bottomless jug of creme fraiche, lad. It’s YOUR 47% who act like money can just be made to appear and that deficits and debts don’t matter.
You’re insane, and you hate this country.
Washington Nearsider on December 28, 2012 at 1:03 PM
Liberals don’t “tradeoff”.
You people now have everything guaranteed in the Soviet Constitution and more. Do you people have an end point? You know, when enough is enough or do we just go down the same road once again?
darwin on December 28, 2012 at 1:03 PM
Why are democrats running huge deficits?
darwin on December 28, 2012 at 1:04 PM
What are these traitors complaining about?
Government is the solution. Always and forever.
CorporatePiggy on December 28, 2012 at 1:04 PM
Lenin didn’t speak of crushing “the rich.” He spoke of crushing the “bourgeoisie’ with taxes and inflation. Bourgeoisie = middle class. But you’re right, urban communist andsesquipedbag support that as well.
Stu Gotts on December 28, 2012 at 1:05 PM
Leftards, dictators will get you first. They hate, hate, hate weasels. Otherwise they could never be dictators.
Schadenfreude on December 28, 2012 at 1:05 PM
Yes, the tradeoff is a crappy economy and a lower quality of life for all Americans.
The upside is that you’ll feel good raising taxes on people.
blink on December 28, 2012 at 1:05 PM
Sesqui & urban elitist, and all their cronies, need to read Arthur Koestler’s Darkness At Noon to understand what will happen to them when their masters have no further use for their foot soldiers.
jb34461 on December 28, 2012 at 1:05 PM
You are never aware of the ones Obama is running.
Blame all/everything else.
Long live Lenin and Che!!!
Schadenfreude on December 28, 2012 at 1:06 PM
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