WASHINGTON -- Housing is rebounding. Families are shrinking debts. Europe has avoided a financial crackup. And the fiscal cliff deal has removed the most urgent threat to the U.S. economy. So why don't economists foresee stronger growth and hiring inThose hunting for a bit of good news in the fiscal cliff deal can look to a provision repealing a long-term care program attached to ObamaCare. When the.America's economy may not be in as bad a state as Europe's, but the failures of its politicians—epitomised by this week's 11th-hour deal to avoid the calamity of the “fiscal cliff”—suggest that Washington's pattern of dysfunction is disturbinglyFrom Ezra Klein: 1. Details on the deal: 39.6% tax rate for individual income over 400k/family income over $450k. AMT patched permanently. 2. Dividends and cap gains taxes at 20% of the $400k/$450k levels. PEP at $250k.America's economy may not be in as bad a state as Europe's, but the failures of its politicians—epitomised by this week's 11th-hour deal to avoid the calamity of the “fiscal cliff”—suggest that Washington's pattern of dysfunction is disturbingly
Related External LinksFiscal Cliff Deal Cancels CLASS - Hit & Run : Reason.comTaxVox » Blog Archive » What the Fiscal Cliff Deal Really Means for ...“Fiscal Cliff” Deal Packed With Corporate Welfare | FDL News
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