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Is a Taxmageddon tsunami coming? Unless Congress does something before the end of this year, YES! And it will be an actual out of pocket cost to all Americans totaling $500 billion. If you think money is tight now…. You ain’t seen nuthin’ yet. Higher taxes are coming to your neighborhood, soon! So, do we really want to finance GSA leisure trips and Secret Service sexual escapades? Any reasonable mind would arrive at a logical conclusion: Enough is enough. Go sit in a corner, Government, no allowance for you anymore. Period. Read more.