Day: August 9, 2012

Tax Cuts & the Fiscal Cliff

Let’s return to fiscal news today. Are you aware that the Bush tax cuts—you know, those awful tax breaks that benefit only the wealthy—are due to end in January? If that happens, we will all find out soon enough that they actually were a benefit for everyone. Democrats play politics with this, seeking to extend them only for the “non-rich.” That posture is intended to portray them as for the middle class. What they don’t tell you is that the… Read more »