Projected to be about $4000-$4800 more in income taxes alone, possibly another $6000 per family in higher food, medical, home utilities and gas prices, all due to the "fiscal cliff"?
Are your holiday and spending plans being shaped or altered by the fact that come Jan 1st, our taxes may be going through the roof?
11/10/2012
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No, I won't be changing my spending this holiday season.
11/10/2012
Not changing anything here.
11/10/2012
I don't plan to spend much as it is, lol.
11/10/2012
Sounds like propaganda. I highly doubt the avg guy/girl is going to see a difference...and not til next year at least.
11/10/2012
I have yet to hear about this cliff, could you send me the article?
11/10/2012
Not planning for the lost income is irresponsible. We will certainly be spending less.
11/10/2012
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Would love to see the source as well.
Originally posted by
Kissy
I have yet to hear about this cliff, could you send me the article?
11/10/2012
Quote:
canadian so no
Originally posted by
Bignuf
Projected to be about $4000-$4800 more in income taxes alone, possibly another $6000 per family in higher food, medical, home utilities and gas prices, all due to the "fiscal cliff"?
11/10/2012
We're cutting back a little this year, but that's simply because we don't have the money to go crazy, has nothing to do with anything other than that.
11/10/2012
Gotta save for various reasons, but that is one of them.
11/10/2012
No change
11/10/2012
I'll keep spending money like I usually do, according to my budget, but if my taxes do go up, my spending will adjust to the change.
11/10/2012
Nope, since I'm too low income to be affected by most of the tax increases
11/10/2012
I will continue with my original plans--make gifts and buy small additions to the gift baskets.
11/10/2012
Nope, I will continue with my original shopping plans.
11/10/2012
Not especially. Also, it's not as if these potential changes will make themselves felt immediately upon January 1st.
Besides, given the fact that by and large the majority of taxpayers benefit from myriad government programs and regulatory statutes, having to actually pay for these programs seems like a logical consequence, doesn't it?
Besides, given the fact that by and large the majority of taxpayers benefit from myriad government programs and regulatory statutes, having to actually pay for these programs seems like a logical consequence, doesn't it?
11/10/2012
For those asking, here is an MSN article / overview on the fiscal cliff.
Taxes are going up next year, but it's not like we will all have to pay $6,000 Jan 1st. That's a worst case scenario figure, and the stakes are high for the politicians. I'm certain we will see a great deal of yelling and fingerpointing on TV before Jan. 1, but I think they'll work something out before it starts to impact the majority of the middle class.
Taxes are going up next year, but it's not like we will all have to pay $6,000 Jan 1st. That's a worst case scenario figure, and the stakes are high for the politicians. I'm certain we will see a great deal of yelling and fingerpointing on TV before Jan. 1, but I think they'll work something out before it starts to impact the majority of the middle class.
11/10/2012
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Ha ha! Same here!
Originally posted by
Geogeo
canadian so no
11/10/2012
I'm hoping everything works out and am not changing my habits yet. If taxes become too ridiculous, I'll be out protesting like a lot of others.
11/11/2012
Next year is next year, I never spend too much on presents anyway.
11/11/2012
I've changed my spending habits over the past few years, period.
11/11/2012
Nope, we have a Christmas budget that we save all year for and that's that.
11/11/2012
I've heard nothing about the taxes. Guess I need to update myself.
11/11/2012
Wont change anything for me.
11/11/2012
Nope will go about my spending like normal.
11/13/2012
Pururin
I'll go about my spending like normal. That is to say, I don't plan on spending much. My family doesn't celebrate Christmas, but we have a Yule feast, so I don't have to worry about gift giving.
Also, what's this about higher taxes next year? This is the first I've heard of it.
Also, what's this about higher taxes next year? This is the first I've heard of it.
11/16/2012
I shall spend as normal... but I don't usually go overboard.
11/16/2012
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main5 443
Originally posted by
Kissy
I have yet to hear about this cliff, could you send me the article?
11/16/2012
Quote:
main5 443
Originally posted by
LAndJ
I've heard nothing about the taxes. Guess I need to update myself.
11/16/2012
Total posts: 37
Unique posters: 31
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