The Center for American Progress has reported that the extention of Bush tax cuts for those about over $250,000 will, in effect, raise taxes on 25 million Americans. Unfortunately, part of the burden of protecting the rich from paying their fair share will fall on military families.
“A corporal (E4) in the Marines with four years of service, who is married and has two children would see a tax increase of $448 under H.R. 8
A military police staff sergeant (E5) in the Air Force with eight years’ service, with a spouse and three young children at home, would see a tax increase of $1,118 under H.R. 8
A private in the U.S. Army (E1) in his first year of service, who is married with an infant child, would see a $273 tax increase under the Republican plan.” -Center for American Progress
Included below are two links. First there is a link to the article sited above. After that is a link to the Center for American Progress, which is worth a virtual field trip of its own.
http://www.americanprogress.org/