Should the legislation become law and take effect in 2011 it will reduce the
the income of seniors who planned their retirement around investing in
stocks
that pay dividends significantly lowering thier standard of living. And we
have individuals that if they need to cash out thier investments will have
to
pay an outragous capitol gains tax.

It will be intresting in 2012 when those people get a huge tax bill for
making all the right decisions in thier youth, i suspect many will remember
that check they wrote on april 15th in november.

One would think the dems would have waited until 2013 for these new rates
to go into effect to prevent another clean sweep that happened in 2008
and retain the structure they now enjoy. Perhaps they are to drunk with
power
to look down the road 2 years.

Best Regards
Tom.