Where do you see taxes going in the next couple years?

Answer 1

The wage increase could hurt us badly. Raising the wages that high for that many people will result in the elimination of many low end positions. Many companies that hire kids for summer jobs won’t be able to continue and will have to down size (if not go out of business all together.) Kids with expendable incomes really bust the economy more than most people realize. In places like CA and NY where the cost of living is much higher the increase will most likely do good but the cost of living in TX is one of the lowest in the country. Hopefully if this unfair wage is passed it will quickly be over turned.

Answer 2

Liberals in control equals higher taxes. It's always been that way and always will be. Whenever the libs get in control entitlement programs go through the roof and defense gets the short end of the stick.

Answer 3

Depends on who we elect to run the country. If the Dems control the administration, then I have a feeling people that earn higher salaries (250 K plus) will have to pay more taxes.

Answer 4

If Democrats control the government,taxes and interest rates will go through the roof !!

Answer 5

I see them going up - as the democrats have already promised to raise our taxes so that they can give more of our money away to the lazy people that don't want to work for what they have.

Answer 6

not to much different, usually Dem's try to balance the budget the republicans ran up while in office. But you can do this by redirecting money, instead of raising taxes.

Answer 7

A big part of it into the pockets of the politicians.

Answer 8

Because of the recent wage increase, where else? UP

Answer 9

To the IRS of course.

Answer 10

to Iraq, Afghanistan, and wherever else we are fighting a war at that time.