-Headline of the Day-
"Cuomo caves to protesters, will hike taxes on rich New Yorkers."
Those Occupy Wall Street commies are never going to accomplish anything, because they don't have a message and they're living outside like hobos and they're screwing around with drum circles and... Oh look, they accomplished something!
According to the report, "After facing repeated protests over his resistance to raising taxes on wealthy New Yorkers, Gov. Andrew M. Cuomo relented on Tuesday, striking a deal with legislators that will boost state revenues by $1.9 billion while simultaneously dropping the middle class tax rate to the lowest it has been in 58 years."
"New York citizens earning $20,000 per year or more are currently taxed at a rate of 6.85 percent, as are married couples earning more than $40,000 per year," the report continues. "The new tax brackets would drop tax rates for the lowest incomes to 6.45 percent, while increasing the rates for higher earners. Couples with incomes between $150,000 and $300,000 will pay 6.65 percent; households that earn $300,000 to $2 million will pay 6.85 percent; and incomes over $2 million will be taxed at 8.82 percent..."
That sound you hear is about a thousand empty-headed pundits and corporate apologists eating crow. (Raw Story)
-And a Happy Newt Year-
Click to embiggen
I don't know what they're complaining about, they almost got stuck with Cain. This is actually a step up. (Truthdig)
-Bonus HotD-
"Hero Child Explains Gay Rights In Words Bachmann Can Understand."
Eight year old Elijah from Myrtle Beach leaves Shelly Bachmann speechless, becomes hero to the nation. (Wonkette, with video)
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