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So there are some actual things we do like about it. the deal seems 30 million people from having to pay the a terptive minimum tax indexing it to inflation. it raises the debt tax but has $5 million for individual estate and $10 million family estates like farms. but the payroll tax will go to 6.2%. inyees to cost the worker making $100,000 a year about $2,000 more. on the spending side, the deal extends the long-term unemployment benefit for another year. democrats incyst op it. it s critical. we want to talk about the real cliff. it s for the people who are about to lose the unemployment catch sation. if that is not in the deal, that dole is a real problem. five-year extension for stimulus tax credit for a terptive energy diversion and another year that businesses can take 50% bonus appreciation op new equipment and buildings. the deal puts off cuts in doctor s medicare payments for ....
Suffered suffer a tax rate hike. i hope that the government, the federal government in d.c. recognizes small business owners pay taxes at individual rates. when we talk about corporate tax reform or business tax reform that leaves out small business. that s not good. these people cre of new jobs. that s part of the reason the congressional budget office estimates unemployment will raise to 9.1% if we jump off the cliff which impacts customers, big and small. a fall off the cliff means the debt tax goes up. the maximum estate size exempt will fall from 5 million to 1 million. higher taxes could also have an impact on investors. small businesses rely on outside loans and investment firms to go from small to bigger. all this is why many polls ....
Are right and a win for mitt romney in your state leads to a similar win in other crucial swing states and he is president elect tomorrow night on late on wednesday morning, who knows, but on this fiscal cliff thing and the bush rates that expire and the sequestration cuts that kick in, what is your best guess what happens? guest: mitt romney said he does not want taxes going up on anyone, the fiscal cliff. if you look at it, it is the marginal rates, capital gains and dividends, the debt tax, the marriage penalty, all of these things will go towards higher taxes for everyone. mitt romney has said we don t want to see that especially not in an economy right now and especially in a situation where we have not fixed the spending problem. i believe mitt romney s election ....
The small businesses. some splawl businesses are forced to sell to pay the debt tax. the federal government can take 55% of your estate, once the last survivor passes on. reporter: we have the dpd line, december 31 at midnight, what do you think you should do? we definitely have to act because, the status quo is not tenable. but i also believe that it will be done, ultimately. we should get rid of the estate tax. we held the hearing to show how much it s going to impact small businesses. have you small businesses, too many that have to sell the entire business to pay the estate tax. that shouldn t happen in this country. greta: straight ahead, incredible video for you, something you couldn t see on your own at home. you would need an extra-special space camera. space camera. a mega pop star is remember when taking a bath and going for a swim ....
The small businesses. some splawl businesses are forced to sell to pay the debt tax. the federal government can take 55% of your estate, once the last survivor passes on. reporter: we have the dpd line, december 31 at midnight, what do you think you should do? we definitely have to act because, the status quo is not tenable. but i also believe that it will be done, ultimately. we should get rid of the estate tax. we held the hearing to show how much it s going to impact small businesses. have you small businesses, too many that have to sell the entire business to pay the estate tax. that shouldn t happen in this country. greta: straight ahead, incredible video for you, something you couldn t see on your own at home. you would need an extra-special space camera. a mega pop star is engaged. the world is abuzz. ....