Lake, you are correct but how many folks will know or understand this? Bush's tax cuts will expire as the Dems through Frank and Pelosi and Reid have so stated.

Then Barak will propose "new" tax cuts for some folks which when you take in consideration the Bush cuts that were allowed to expire will undoubtedly and in reality be a tax "increase" intoto. But forevermore Obama and the Liberals will say they cut taxes and the worse part of all this is that so many brain dead Americans will believe this bait and switch lie..... They will be paying more but will gladly do so because they got a "TAX CUT" ?????

Reminds me how a store takes an item that sells for $10 and raises the price to $12. Two weeks later they have a big sale of 10% off or the item is sale priced at $10.80 and folks go rushing in to buy.

A fool and his money are soon parted.

Marc