Stories indexed with the term ‘tax policy’

In it for the Money: #My2K is $17,000

Editor’s note: Nelson’s “In it for the Money” opinion column appears regularly in The Chronicle, roughly around the third Wednesday of the month. Sometimes, like this month, he’ll deviate from that schedule and write two columns in one month. FYI, Nelson has a story in the latest issue of “Asimov’s” (which hits newsstands this week). It’s your basic crappy-jobs/labor-relations/time-travel tale – possibly of interest to speculative Chronicle readers.

David Erik Nelson Column

David Erik Nelson

Last week I insisted you write some letters.

This week I’m urging you to once again take to the keyboard but, after that, I promise: You’ll be free of my nagging until 2013 – at which time we’ll all be sailing together over the “fiscal cliff,” which is sort of an economic Doomsday Device that will automatically cut federal spending and bump up taxes on Jan. 1, 2013 unless Congress pulls together a workable budget.

According to the President, if Congress does nothing, then middle class families will see a tax bump of as much as $2,200. He’s encouraging folks to drop him a line explaining what $2,000 means in your household budget.

Many folks have taken to tweeting brief glosses of these letters using the hashtag#My2K” – which has also become a tag for carping about the fiscal cliff generally.

Below the fold is what I wrote to the President (and forwarded to my congressfolk). [Full Story]