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More Taxes From Comrade Obama

August 11, 2010

Higher taxes on marriage and family.  The
“marriage penalty” (narrower tax brackets for married
couples) will return from the first dollar of income.  The child tax
credit will be cut in half from $1000 to $500 per child.  The
standard deduction will no longer be doubled for married couples relative
to the single level.  The dependent care and adoption tax credits
will be cut.

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