This is really simple to understand, even for Juan Williams. If the tax cuts in place now EXPIRE, the rates return to the level that was in place before these tax rates were passed. This is a TAX HIKE in the same realm of the Bill Clinton tax hikes from 1993.
Only ONE thing can happen when everyone takes that HUGE hit. The economy will continue deeper into the Democrat caused depression.
That raise that you were expecting this next year? You better keep your mouth shut and hope that you still have a job.
This Obamanomics Thingy reminds me of the Carternomic fiasco of the 1970s.
Dude, plant a damned garden, already.
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