Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror
For the out-of-band Slashdot experience (mostly headlines), follow us on Twitter, or Facebook. ×

+ - The U.S. Going Over Fiscal Cliff, Tax Deal Might Cushion Landing-> 1 1

Jetra 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
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

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

Comments Filter:

This is clearly another case of too many mad scientists, and not enough hunchbacks.

Working...