[quote=Charlotte]I agree with SDEngineer. I received an email from Nick Timiraos of the WSJ who wrote the article referenced above, that said he spoke with Senator Isakson’s office and they said that there are no income limitations in the ammendment that was passed by the senate. You know that once Pelosi and folks get their hands on it, they’ll probably put something in to stop the “rich” from getting any break from the ridiculous taxes they already pay, but at this time, I don’t think there are any limitations on income.[/quote]
SDEngineer said that there ARE income limitations in the bill. In any event, I’m glad you confirmed this. I can definitely understand how SDEngineer got confused. I’m an attorney and am somewhat used to reading bill texts, etc., and it still took me over an hour trying to cross-reference the various bills, amendments, and the Internal Revenue Code to be fairly confident of what I posted about the income limits being gone. Unfortunately, I share your concern that once the bill hits the House, Pelosi, et al. will never allow the “rich” to have a “tax cut”–don’t get me started on how unfair that is.
