Well the conservatives gave in on the cliff so that the middle and lower incomes pay would not go down but I got my 1st check today and I'm 3hrs short from Obama Care !!I have half a mind to go into the hand out system & work under the table
No, really, it is an increase. If a tax rate is currently 4.2%, but an expiring tax cut results in the increase of said tax rate to 6.2%, that is, by definition, a tax increase because i am now paying more in taxes.... now matter how the politicians frame it.
I guess it is how one perceives the money they earn.