Come January 1, the average household earning between $20 and $80 thousand dollars annually will see their Federal tax bill increase by roughly $175 a month.  An average of a $2100 a year in reduced income for hundreds of millions of Americans, all because the Obama administration and a leftist Congress intend to allow the Bush-era "tax cuts for the rich" to expire on December 31st. I may be an ordinary sort of fellow, but even I can state with certainty that a household earning less than $80,000 falls far short of my definition of "rich."  For a family with a household income of say, $30k, they can expect to see their paychecks reduced by about $120 a month.  For the upper end of the scale, we are talking the equivalent of a payment for an average new car, about $450 a month.  Under any circumstances, it is wildly irresponsible to burden families that are already struggling. We were assured repeatedly by then-candidate Obama that...(Read Full Post)