I just got my new tax tables for my small business. Taxes start at $0 now. Is this the tax reduction Obama promised?

Your very first dollar is now subject to withholding. It used to start at $161 a week.

Explain this to your child by promising him a dollar to do a chore. Then when s/he comes back to you for pay, give the child 92 cents, and explain that money is going to his baby sister because she’s too small to work for herself.