Eward Morrissey of the Fiscal Times points out the way toward resolving the fiscal cliff impasse:
Both parties want to reform the corporate and personal tax systems to eliminate complexity and provide stability and predictability. Rather than aim specifically at revenue, start by realizing the bipartisan goal of tax reform, which will boost investor confidence, and then address the spending that drives the deficits. That will be the only way to have a truly balanced long-term solution and a reliable increase in revenue, one that will keep America on a firm path to solvency…..
via Obama’s ‘Fairness’ Tax is Political, Not Fiscal.
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
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The trillions of dollars of tax cuts didn’t cause any of our debt? Are you mad?
Take a look at the chart:
Just another sore GOP loser. Get over it . It is show time with Obama.
What kind of intelligent reply is that Runar, attacking the person and not debating the issue? Atypical communist tactic widely used in today’s society as it was in the days of Stalin.