Fiscal Cliff Concerns?
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|Sun, 12-30-2012 - 9:38am|
Is anyone else following this fiscal cliff stuff going on? It has me terrified. If the average middle class worker is expected to pay an additional $3,000 a year in taxes, that is almost $300 a month in new taxes. I DO NOT HAVE THAT. I am scared to death. If that comes to fruition, I stand a good chance of losing my house. I'd have to try to sell my car to buy something older and less reliable. And then I may have to sell the house and move back home.
I have a college degree and a good job. The fact that the government is making is so that people like me can't afford to live infuriates me. On months where I have car insurance due, or softball fees to pay, or a haircut, I have no idea how I will have the money for that. I have some buffer now, but with an additional $250 a month out of my check there would never be another buffer.
I am terrified. Have I said that?? These politicians have better get it together and agree on something.
Anyone else sweating this?