It might come as a surprise to you that one of the largest single components of the fiscal cliff is the Payroll Tax Holiday, a stimulus measure that was passed by Obama and the Congress (Deutsche Bank has it as the largest single component of the cliff, although Goldman Sachs has slightly different math).
- Vaccine Education Summit
- Bitcoin Summit
- Ernie's Favorites
- THE R3VOLUTION CONTINUES
- "It's Not My Debt"
- Fascist Nation's Favorites
- Surviving the Greatest Depression
- The Only Solution - Direct Action Revolution
- Western Libertarian
- S.A.F.E. - Second Amendment is For Everyone
- Freedom Summit
- Declare Your Independence
- FreedomsPhoenix Speakers Bureau
- Wallet Voting
- Harhea Phoenix
- Black Market Friday
This is a very useful chart here from Deutsche Bank breaking down various components of the so-called "Fiscal Cliff," the series of spending cuts and tax hikes that will kick in on January 1.
The Bush Tax cuts and the sequester get way more play in the media, but the payroll tax cut stimulus is a huge component.
Additional Related items you might find interesting:Related items:
Opinion • Future Predictions
News Link • Trump Administration
News Link • Economy - International
News Link • United States
News Link • Bitcoin
News Link • Drugs and Medications
News Link • Investigations
News Link • Yemen
News Link • Courtroom and Trials