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Fiscal Cliff Taxes

CBO Chief: The Middle Class Will Have To Pay For America's Debt Problem

The Huffington Post | Jillian Berman | Posted 05.03.2013 | Business

One government official has some bad news for Americans and politicians: You can’t protect the middle class from tax increases or benefit cuts if yo...

The Real Winners In The Fiscal Cliff Battle

Reuters | Posted 03.12.2013 | Business

* Estate planning advisers very busy in final weeks of 2012 * Myriad of tax changes seen prompting more to seek tax advice ...

How The Fiscal Cliff Deal Will Cost The U.S. Trillions

The Huffington Post | Jillian Berman | Posted 01.02.2013 | Business

Lawmakers’ last-minute fiscal cliff deal could cost the country big time. The agreement, which Congress passed Tuesday night, would boost the de...

Raising Top Tax Rates Is a Very Big Deal

Robert Creamer | Posted 03.04.2013 | Politics
Robert Creamer

For two decades, the protection of high-income people from tax rate increases has been the central driving principle of the Republican Party. It has been their Holy Grail.

Fiscal Cliff Deal Will Hurt Many

Posted 01.23.2014 | Politics

By STEPHEN OHLEMACHER, THE ASSOCIATED PRESS WASHINGTON — While the tax package that Congress passed New Year's Day will protect 99 percent of Ame...

Entrepreneurs on the 'Fiscal Cliff:' Get It Done

John Arensmeyer | Posted 03.02.2013 | Small Business
John Arensmeyer

Getting a bipartisan agreement on the fiscal cliff puts us on the path to a better future and will allow us to focus on finding smart, pragmatic solutions to these other important issues.

Sam Stein

Fiscal Cliff Deal Would Raise $715 Billion | Sam Stein | Posted 12.31.2012 | Politics

WASHINGTON -- The preliminary fiscal cliff deal being negotiated by Senate Minority Leader Mitch McConnell (R-Ky.) and Vice President Joe Biden would ...

Ariel Edwards-Levy

GOP Senator Finds Upside To Falling Off Fiscal Cliff | Ariel Edwards-Levy | Posted 12.30.2012 | Politics

WASHINGTON -- Speaking Sunday on CBS's "Face the Nation," Sen. Tom Coburn (R-Okla.) sounded resigned to the possibility that the country might fall of...

Legislation Constipation

Rep. Alan Grayson | Posted 02.25.2013 | Politics
Rep. Alan Grayson

What we've been seeing in the House of Representatives lately has been a series of massive and pervasive violations of Grayson's Laws of Legislating. Instead of "I'll vote for X because it's right," it's "If I don't get Z, I ain't votin' on nothin'." And that's the problem.

Fiscal Cliff Looms As Washington Prepares To Kick Can In Typical Fashion

Posted 02.25.2013 | Politics

By DAVID ESPO, The ASSOCIATED PRESS WASHINGTON -- When it comes to the nation's budget challenges, congressional leaders are fond of saying dismiss...

States Could See Major Windfall From Fiscal Cliff Dive

Reuters | Posted 02.25.2013 | Politics

* States could get $3 billion in estate taxes-study * 30 states would be affected By Nanette Byrnes Dec 2...

Fiscal Cliff Fear, Finger-Pointing Abound

Reuters | Posted 02.22.2013 | Politics

* Little sign of movement in talks * Focus shifting to Congress acting after Jan. 1 By Thomas Ferraro and Richard Cowan ...

Ryan Grim

Fiscal Fail: Don't Believe The Cliff Hype | Ryan Grim | Posted 12.23.2012 | Politics

WASHINGTON -- On Jan. 1, 2000, the world awoke to find that little had changed since the night before. After years of hype around what was then called...

Republicans Focus On Rallying Around Plan B

Posted 02.18.2013 | Politics

By ALAN FRAM, The ASSOCIATED PRESS WASHINGTON -- Still short of a "fiscal cliff" deal with the White House, top House Republicans are laboring to r...

Boehner Shifts To Talk Of 'Plan B'

Posted 12.18.2012 | Politics

By JIM KUHNHENN AND JULIE PACE, The ASSOCIATED PRESS WASHINGTON — House Speaker John Boehner is proposing a `Plan B' option to keep taxes from in...

Obama, Boehner Take New Tone In Fiscal Cliff Talks

Posted 02.17.2013 | Politics

By JIM KUHNHENN, The ASSOCIATED PRESS WASHINGTON -- Just two weeks before the economy-threatening "fiscal cliff" is due to kick in, both President ...

Norquist Makes Bizarre Prediction About Obama

The Huffington Post | Nick Wing | Posted 12.13.2012 | Politics

Grover Norquist expressed confidence on Thursday that Republican adherents to his rigid anti-tax hike platform would emerge victorious in upcoming bud...

Jim DeMint: Obama Will Win On Taxes

AP/The Huffington Post | Posted 02.12.2013 | Politics

WASHINGTON -- A leading conservative who's resigning from the Senate is predicting that President Barack Obama will win the battle over raising taxes....

Ryan Grim

Boehner Calls For Extending All Bush Tax Rates Forever | Ryan Grim | Posted 12.12.2012 | Politics

WASHINGTON -- House Republicans proposed permanently extending all of the Bush-era income tax rates for the wealthy in their "fiscal cliff" offer made...

Ryan Grim

What Would Americans' Fiscal Cliff Plan Look Like? | Ryan Grim | Posted 12.12.2012 | Politics

WASHINGTON -- To get a sense of just how wide the democracy gap is in Washington, compare the various "fiscal cliff" proposals put forward by the two ...

Obama 'Confident' Republicans Will Agree To Tax Deal

The Huffington Post | Mollie Reilly | Posted 12.11.2012 | Politics

President Obama said he's "optimistic" on reaching a fiscal cliff deal with congressional Republicans, predicting that the GOP will agree to extend ta...

Obama Vows No 'Compromise' On Taxes

Posted 02.09.2013 | Politics

By BEN FELLER, The ASSOCIATED PRESS REDFORD, Mich. -- President Barack Obama warned Monday that he "won't compromise" on his demands that the wealt...

Biden Signals White House Flexibility On Fiscal Cliff Deal

Reuters | Posted 02.06.2013 | Politics

The White House will respond to "any serious offer" from congressional Republicans to prevent the U.S. "fiscal cliff" and "theoretically" could negoti...

Why Is Grandma's Walker More Expensive in 2013?

Ebong Eka | Posted 02.06.2013 | Money
Ebong Eka

The fiscal cliff talks have distracted many middle class taxpayers from other tax increases due to Obamacare. In other words, the cost of your grandmother's walker may cost more next year!

How the Fiscal Cliff Could Cut Your Paycheck By $4,000

Ben Mulling | Posted 02.03.2013 | Money
Ben Mulling

I have read hundreds of articles about this issue and most are overly technical and do not describe how it will impact the average American. So let me lay it out.