Taxpayers Strategize About How to Avoid $250K Tax Bracket

Obama proposals raise taxes on high incomes
President Barack Obama’s budget proposals have drawn the line: $250,000. Many tax hikes and phased out credits will apply to households with annual incomes that cross that line.
A pretty small group of people fall into this category: incomes so close to $250,000 that they [...]

Some taxpayers say they will try to hold on to more of their money by making less.