Harder to go back to extend the tax cuts some there is a 50 50 chance but not until christmas eve. Gourde years even. To extend the middle class tax cuts than wait until next year basically wait until next year they do give up the bargaining power. Do we think january will see that tax cut to the wealthy . Republicans have leverage. The debt ceiling debate, they need their leverage, push back, restate the position it is the spending issue. Even if there is zedillo there will be kick the can down the road. I cannot see that to happening before the end of the year. Longterm fiscal situation this determined by spending. What comes then automatically goes out the door to pay for the entitlements. 61 say we have to cut spending. The American People get it. We do it at home. Of the the government does not get it. You make 1 million but spending cuts would that go through . My concern is to concede the point the short term in a recession revenues will go back up. If we do nothing we will be b
Tracy spending taxpayers money is only a federal problem. Check this out. This atlanta mayor, approving the city council to receive wait for it 50 pay increase starting in 2014. Do they not have tv inatlanta . You heard it right. 50 . The Council Council members voted to raise their own pay earlier th month. These employers employees are also demanding that pays well. They are wanting to raise the income for these city employees. Really . Fiscal cliff . Deficit . That . Anyone . What steps can you take to lower your tax burden mr. . We have dominant from diversified financiaa consultants. You talk with them leaders. What do they say . They are working diligently to get this compromise. If you ook at the economic and tax issues facing us in 2013, its going to go either bad or really bad. It is not going to be a compromise. There is not a good scenario coming out of the picture. Even if they compromise, we are still going to be facing higher taxes and substantial cuts in entitlements and
Tracy byrnes and for gerri willis. It wont be long until more than 500 billion in tax hikes hit americas wallets. That isnt yours and mine. Congress is out for held for a long weekend. John boehner skipping town. Those sources say his meeting with the president failed to make any progress to avert the fiscal cliff. Even if washington doesnt get its act together, there are steps you can take to lower your tax burden next year. You can empower yourself. In a moment, we are going to get advice from the founder and president of diverse financial consulting. It looks Like Congress will have no choice but to punt the fiscal cliff debate until next year. We have a guest from the cato institute. Sequestration kicks in, maybe talked about . I certainly agree with the sequestration part. We should be able to find 100 belden and spending cuts. We should be able to find 50 billion in spending cuts on the front. I think the sequestration and spending cuts should happen. Unfortunately, many of the t
Tracy byrnes and for gerri willis. It wont be long util more than 500 billion in tax hikes hit americas wallets. That isnt yours and mine. Congress is out for held for a long weekend. John boehner skipping town. Those sources say his meeting with the president failed to make any progress to avert the fiscal cliff. Even if washingtodoesnt get its act together, there are steps you can take to lower your tax burden next year. You can empower yourself. In a moment, we are going to get advice from the founder and president of diverse financial consulting. It looks Like Congress will have no choice but to punt the fisca cliff debate until next year. We have a guest from the cato institute. Sequestration kicks in, maybe talked about . I certainly agree with the sequestration part. Should be able to find 100 belden and speing cuts. We should be able to find 50 billion in spending cuts on the front. I think the sequestration and spending cuts should happen. Unfortunately, many of the tax increa
Tracy byrnes and for gerri willis. It won be long until more than 500 billion in tax hikes hit americas wallets. That isnt yours and mine. Congress is out for held for a long weekend. John boehner skipping town. Those sources say his meeting with the president failed to make any progress to avert the fiscal cliff. Even if washington doesnt get its act together, there are steps you can take to lower your tax burden next year. You can empower yourself. In a moment, we are going to get advice from the founder and president of diverse financial consulting. It looks Like Congress will have no choice but to punt the fiscal cliff debate until next year. We have a guest from thecato institute. Sequestration kicks in, maybe talked about . I certainly agree with the sequestration part. We should be able to find 100 belden and spending cuts. We should be able to find 50 billion in spending cuts on the front. I think the sequestration and spending cuts should happen. Unfounately, many of the tax i