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Tax Bracket Increase News Today : Breaking News, Live Updates & Top Stories | Vimarsana

IRS updates tax brackets for soaring inflation, meaning lower rates for some

Detailed text transcripts for TV channel - MSNBC - 20101208:06:23:00

no, i m saying we can t find an example of a moderate president forcing a republican to vote for a tax bracket increase through some sort of shame of doing the responsible thing. we have a simple record. democrats are responsible about taxation. republicans are not. republicans think they succeed by not being responsible for taxation politically. roger, do you know what the bottom tax bracket is, the actual percentage, the one no one talks about? i m sorry. i don t. the question. the bottom tax bracket, do you know what it is, what percent it is? no. it s 10%. that s the george bush bottom tax bracket. you know what happens in january if you don t do something about it? it goes up to 15%, which was the bottom tax bracket under bill clinton. no one wants to see that happen. no one wants people are advocating that it happen. no one you re saying let it happen. with all due respect one person here wants that to happen. there s only one person saying it shouldn

Detailed text transcripts for TV channel - MSNBC - 20101208:03:23:00

i don t understand it. no, i m saying we can t find an example of a moderate president forcing a republican to vote for a tax bracket increase through some sort of shame of doing the responsible thing. we have a simple record. democrats are responsible about taxation. republicans are not. republicans think they succeed by not being responsible for taxation politically. roger, do you know what the bottom tax bracket is, the actual percentage, the one no one talks about? i m sorry. i don t. the question. the bottom tax bracket, do you know what it is, what percent it is? no. it s 10%. that s the george bush bottom tax bracket. you know what happens in january if you don t do something about it? it goes up to 15%, which was the bottom tax bracket under bill clinton. no one wants to see that happen. no one wants people are advocating that it happen. no one you re saying let it happen. with all due respect

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