Welcome to the Slashdot Beta site -- learn more here. Use the link in the footer or click here to return to the Classic version of Slashdot.

Thank you!

Before you choose to head back to the Classic look of the site, we'd appreciate it if you share your thoughts on the Beta; your feedback is what drives our ongoing development.

Beta is different and we value you taking the time to try it out. Please take a look at the changes we've made in Beta and  learn more about it. Thanks for reading, and for making the site better!

The U.S. Going Over Fiscal Cliff, Tax Deal Might Cushion Landing

Jetra (2622687) writes | about 2 years ago


Jetra (2622687) writes "The House of Representatives has no plans to take any votes before midnight tonight, meaning the U.S. is technically going over the “fiscal cliff”, with more than $500 billion in tax hikes and $110 billion in automatic spending cuts kicking in for 2013. But the landing still might be cushioned by a deal between Senate Republicans and the White House that would protect couples earning up to $450,000 from most of the income tax increases that would otherwise take effect in 2013 as a raft of tax cuts, including the steep income tax reductions first passed under President George W. Bush, expire."
Link to Original Source

Sorry! There are no comments related to the filter you selected.

I wish (1)

Billly Gates (198444) | about 2 years ago | (#42437729)

I wish there was a rating of sad or pathetic to your story.

Check for New Comments
Slashdot Login

Need an Account?

Forgot your password?