Some Taxpayers May Be In For A Pleasant SurpriseGene Koretz
The widespread anxiety in Middle America regarding tax increases is largely misplaced, says Roger E. Brinner of DRI/McGraw-Hill. Although upper-income groups face a painful rise in tax rates, the economist argues that middle-income taxpayers will emerge almost unscathed. More important, "the new law will reward lower-income working families with hefty wage subsidies."
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