What's new for 2012
The Bush Tax Cuts are not over, you would think. However, the Majority in Congress delayed closing some of the Bush Tax cuts again. Employee’s will see an increase (2%) resulting in a 2% cut on their paychecks beginning this March 2012. The present administration got a two month extension in December, but congress would only extent it for that period and not the entire year. At the same time they want tax cuts to continue for the wealthy (>$250,000 per year) they want to en