Back Door Taxes To Hit Middle Class

Apparently Reuters may have retracted this story at the request of the White House. I don't know. I saw it first through Druge, moved on and 10 minutes later went back attempting to use the same Drudge link. It failed to work the second time. A third try 15 minutes later brought me to the article still posted through Yahoo Canada. Fun.

Here is the Yahoo US link to the story.

The story Backdoor taxes to hit middle class has been withdrawn. A replacement story will run later in the week.

I was able to dig it up here.

NEW YORK (Reuters.com) --The Obama administration's plan to cut more than $1 trillion from the deficit over the next decade relies heavily on so-called backdoor tax increases that will result in a bigger tax bill for middle-class families. In the 2010 budget tabled by President Barack Obama on Monday, the White House wants to let billions of dollars in tax breaks expire by the end of the year -- effectively a tax hike by stealth.