The Bush tax cuts automatically expire at the end of this year and when they do taxes take a big jump up in 2013. President Obama has shown no inclination to reinstate them if he wins in November. The effect? The Congressional Budget Office said yesterday that we have another recession. Great. Not that things are so great right now - ask the 27,000 laid off by HP yesterday - but at least there has been some nominal growth. How long, o Lord, how long?
www.cbo.gov/publication/43262
.jpeg)
No comments:
Post a Comment