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December 19, 2012


House Republicans Call a Tax Increase a Tax Cut

In a press release, BuzzFeed notes House Speaker John Boehner's office said his "plan B" to extend most tax cuts would "not raise taxes. It is a net tax cut that prevents a $4.6 trillion tax hike on Jan. 1."

However, taxes would actually stay the same for most people under the proposal, and go up on people earning more than $1 million.












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