So, what tax is Obama talking about increasing in 2013?

[Frustratedlady]

Isn't the tax break for the wealthy running out on Dec. 31st, 2011? He isn't thinking of extending that thru 2012, is he?

[DesertFlower]

1. it's running out for all of us.

[provis99]

2. the payroll tax.

[eilen]

3. Tax break on wealthy runs out 2013.

He traded one year of unemployment extension for two years of tax cuts. Our economy will have one helluva can of whoopass when the extensions run out as Florida is currently at about 1/2 million unemployed and Michigan a little over 1/4 Million. And I think these states are decreasing the weeks that will be paid.

[Frustratedlady]

4. OK, that's what I wanted to know. I thought he compromised and extended them for ONE year.

Dang, one year was bad enough on the cuts for the wealthy.

[SDuderstadt]

5. That's a very inaccurate picture...

there was much more involved.