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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]When are the 10% cuts supposed to happen?[/quote]

Sequestration will happen on the first of the new year.  Right now, the lame duck Congress needs to figure out if they can come to an agreement with that dirty word, COMPROMISE, before then that will keep this from happening.

But the middle class need not worry.  Nancy Pelosi said months ago that the Democrats had the stronger position.  If the don't get what they want, e.g. the end of the Bush era tax cuts for the wealthy, they'll wait until sequestration happens then they'll immediately introduce legislation that will begin new tax cuts for those making under $250K.  The Republicans will not be able to stem off that bill.  It's one thing for them to hold out on tax cut extensions for everyone.  It is another thing for them to try to block a bill designed to give those making under $250K a tax cut right after sequestration.  If they try to block the new legislation trying to hold out for tax cuts for everyone, they will suffer a lot more in the public polls and opinion and they could easily find themselves in a rout come mid-term elections in 2014.  The Republicans are fast coming to a no-win situation if they don't actually compromise.
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You must not know how payroll withholding tables work.

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What? [/quote]

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