November 6, 2012

With Fiscal Cliff Looming, Boehner Takes Millionaires’ Tax Off The Table

With Fiscal Cliff Looming, Boehner Takes Millionaires’ Tax Off The Table: Regardless of how today’s elections shake out, the next president and Congress will have to deal with the so-called “fiscal cliff”: the set of tax increases and spending cuts that were scheduled to hit on January 1st by the 2011 debt ceiling deal. The amount of fiscal contraction included in that deal would be larger [...]/p