Some Republicans don't know a victory when they see one. All you hear out of presidential hopeful Marco Rubio and House Majority Leader Eric Cantor is doom and gloom but this is a case of not seeing the forest for the trees.
Real (after inflation) U.S. Gross Domestic Product is up 2.5 percent from its pre-recession highs, with only China's growth rate higher since the Great Recession. This is in spite of various catastrophic events -- such as Hurricane Sandy and the debt ceiling debate yet to come.
Much like the NeoCon chickenhawks who urge the country to wars but never volunteer themselves, not a single critic, in Congress or out, would have suffered as the unemployed without unemployment insurance had the president not negotiated this deal.
The Alternative Minimum Tax is in need of reform. Conservatives like to argue that corporate tax increases would hurt small business. But this proposal would not touch small business. They also contend that focusing on the rich doesn't raise enough money. This is also false.
There's going to be pain all around in whatever deal is struck. Most Americans are going to be directly impacted in one way or another by whatever bargain is made between President Obama and congressional Republicans.
If your 2010 federal tax return (or extension request) isn't postmarked or electronically filed by midnight on April 18, the penalty on any taxes you owe increases dramatically -- tenfold, in some cases.
Manufacturers with revenues under $50 million should pay close attention to the Small Business Jobs Act, particularly the elimination of the Alternative Minimum Tax barrier regarding business tax credits.