Comments On: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline by Goldy

Comments On: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline by Goldy http://slog.thestranger.com/slog/archives/2012/12/31/ap-congress-wont-meet-midnight-fiscal-cliff-deadline Comments On: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline by Goldy en-us Copyright 2013 The Stranger. All rights reserved. This RSS file is offered to individuals, The Stranger readers, and non-commercial organizations only. Any commercial websites wishing to use this RSS file, please contact The Stranger. webmaster@thestranger.com (The Stranger Webmaster) Fri, 24 May 2013 00:00:01 -0700 Fri, 24 May 2013 16:30:00 -0700 Foundation http://blogs.law.harvard.edu/tech/rss <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]>
http://www.cbsnews.com/8301-250_162-5756…

* Tax rates: Current tax rates will be extended for all wage earners making below $400,000 and couples making below $450,000.

* This was a key concession for both Republicans and Democrats. Democrats wanted the threshold for tax increases to rest at $250,000 and Republicans didn't want marginal tax rates to increase for anyone.

* The estate tax: It was set to increase from rom 35 percent to 55 percent in 2013. Instead, the compromise sets the new rate at 40 percent with the first $5 million worth of property exempt from being taxed.

* Capital gains tax: Capital gains and dividend tax rates will increase from 15 to 20 percent.

* Alternative Minimum Tax: A permanent fix to the tax that would hit middle class families

* "Doc Fix": Doctors will be shielded from a massive reimbursement gap for treating Medicare patients.

* Unemployment benefits: Unemployed workers will receive their benefits which expired over the weekend.

* Renewable energy tax credit: The tax credit for renewable energy companies will be extended for another year.
Posted by yucca flower]]> Mon, 31 Dec 2012 23:38:58 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]> Posted by In2ishn]]> Mon, 31 Dec 2012 20:41:58 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]> Posted by Banna]]> Mon, 31 Dec 2012 19:37:10 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]> Posted by Free Lunch]]> Mon, 31 Dec 2012 18:46:48 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]> Posted by lauramae]]> Mon, 31 Dec 2012 18:14:29 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]> Posted by OOF POOF]]> Mon, 31 Dec 2012 18:01:32 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]>
The fiscal cliff, however, is more like panic over snow. Sure, it could be bad and everyone could freeze to death, but most likely, a few kids will use cardboard boxes to slide around on, some snow men will be made, and we'll all have fun.
Posted by Will in Seattle]]> Mon, 31 Dec 2012 16:42:21 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]> Posted by seandr]]> Mon, 31 Dec 2012 16:17:41 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]> Let’s Give Up on the Constitution

AS the nation teeters at the edge of fiscal chaos, observers are reaching the conclusion that the American system of government is broken. But almost no one blames the culprit: our insistence on obedience to the Constitution, with all its archaic, idiosyncratic and downright evil provisions.

http://www.nytimes.com/2012/12/31/opinio…

Posted by Supreme Ruler Of The Universe]]> Mon, 31 Dec 2012 16:17:35 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]>
Which, since it is the largest CONTROLLABLE expense, means any deal without massive cuts in that is in no way Fiscal Prudence.

Time to start paying the piper, and put China on notice we're not going to protect their overseas businesses or shipping lanes with US naval, air, or land forces like we do today.

Cause it ain't free.
Posted by Will in Seattle]]> Mon, 31 Dec 2012 15:35:04 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]> Posted by fletc3her]]> Mon, 31 Dec 2012 15:23:36 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]>
AAPL up 4.43% today, Goldy.
Posted by Westlake, son!]]> Mon, 31 Dec 2012 15:04:01 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]> Posted by Will in Seattle]]> Mon, 31 Dec 2012 14:46:24 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]> Posted by Matt from Denver]]> Mon, 31 Dec 2012 14:43:59 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]> Posted by Sargon Bighorn]]> Mon, 31 Dec 2012 14:29:58 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]> Posted by Max Solomon]]> Mon, 31 Dec 2012 14:22:58 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]> Posted by Goldy = the only Jew who doesn't know how to make money]]> Mon, 31 Dec 2012 14:19:27 -0800 The Stranger <![CDATA[Re: AP: Congress Won't Meet Midnight "Fiscal Cliff" Deadline]]>
So, if you didn't plan for that, I've got an unfunded deep bore tunnel to sell you.
Posted by Will in Seattle]]> Mon, 31 Dec 2012 13:56:07 -0800 The Stranger