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President Obama’s tax proposal would allow the Bush tax cuts to expire on “the rich” (singles making more than $200,000 and couples making more than $250,000).  The top federal income tax rates for these payers would rise from 35% to 39.6%.  “But you can’t do that!” scream the Republicans, “You’ll hurt the job creators!”  “No, we won’t!” cry the Democrats. So who are these “job creators?”  Is it valid to claim that increasing the top rate will hurt small business and the economy?  As with most things political, the truth lies somewhere between the two rhetorical extremes.

July 2013 Horoscopes by Rebecca Vigil

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