Thursday, October 18, 2012 at 4:30 am (Updated: October 18, 4:30 am)
Looming fiscal cliff
Can you see the fiscal cliff coming on Jan. 1, 2013? You will if President Barack Obama wins re-election as he will not allow our current tax rates to continue unless the top tax brackets are raised to 39.6 percent.
Both he and Vice President Joe Biden claim this is out of concern for “fairness” as they want the “millionaires and billionaires,” those who create wealth and jobs, to pay “their fair share.”
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