[quote=meadandale] When the Bush tax cuts expire at the end of this year it won’t make quite as much sense to work harder. When you are ‘poor’ and work overtime, you are compensated extra for it (time and a half, double-time). When I work overtime I get the same hourly rate but I get taxed more–the more I work, the less I make per hour.

At some point you just say “screw it”.[/quote]

Then you should be happy to know (and supportive) that the proposed administration budget retains most of the important Bush tax cuts that applied to joint filers with income under $250K and single filers with income under $200K. Additionally, (if the budget is approved) many of the other cuts which applied to higher income levels will also be either extended or modified to result in lower taxes, as compared to the law prior to the enactment of the Bush cuts. Maybe a note to your congressperson urging him or her to approve the proposed budget is in order. IF it passes, you won’t have to say screw it.