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Middle Class Tax Increases Coming….’By Rule Change’

Drudge has it up:

Only the rich right?

the IRS offered an example of a taxpayer filing as a single individual who makes $180,000 in wage income plus $90,000 from investment income. The individual’s modified adjusted gross income is $270,000. The 3.8 percent tax applies to the $70,000, and the individual would pay $2,660 in surtaxes, the IRS said.

Yup, under 200k….sure sounds like only the rich folk.

And this is only the beginning.

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