Saturday, December 29, 2012

Take a Powder: You Voted for Him

Oh, this is just rich.
They’re ready to jump off a real cliff.

New Yorkers of all income levels got a rude awakening yesterday when they saw in The Post how much more they will pay in taxes next year without a fiscal-cliff deal by Jan. 1.

“It’s that much higher?” asked IT worker Vikas Kataria, 34, who discovered that his combined household income of about $250,000 per year will cost him nearly $10,000 more in taxes.

“I thought it was a couple thousand — but that’s a lot,” said Kataria, who works at Merrill Lynch in Manhattan and is married to a systems analyst for a brokerage firm. “That’s huge!”
...
Small-business owner Haim Hagon, 51, said it’ll be tough to afford college for his two high-school-aged children.

“Every dollar counts when the situation is tough,” said Hagon, who makes about $150,000 and already moved his son from a private school to a public school due to financial concerns.

“Another $6,000 could have gone to my daughter’s tuition. I’ll have to find that money another way.”

He works 12 hours a day, six days a week to keep his children’s-clothing store in Forest Hills, Queens, afloat — and is now mulling staff and pay cuts.

“What am I supposed to do, work harder?” Hagon said. “I don’t want to find myself in front of my store dead with a heart attack!”

There's more at the NYPost. Read it and laugh like Tim the Enchanter.