The business community isn't exactly patting Congress on the back for reaching a deal on the fiscal cliff. Rather than giving lawmakers a hearty thanks and a congratulatory handshake, business leaders seem to have copped the sort of attitude you mightFOR the past three years America's leaders have looked on Europe's management of the euro crisis with barely disguised contempt. In the White House and on Capitol Hill there has been incredulity that Europe's politicians could be so incompetent atFrom 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.Everyone trying to sort out the fiscal cliff deal is getting hopelessly tangled in budget baselines. Are taxes going up? Or are they going down? There is an easier way: Forget the multiple baselines. Just look at what is happening to total spending andFOR the past three years America's leaders have looked on Europe's management of the euro crisis with barely disguised contempt. In the White House and on Capitol Hill there has been incredulity that Europe's politicians could be so incompetent at
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
No comments:
Post a Comment