date:Nov 08, 2012
f uncertainty.
The fiscal cliff Shellady says is now on many traders' minds refers to tax rates that are set to increase on January 1, 2013, without action by Congress, which Shellady says isn't likely until as late as the second quarter of 2013.
One change that all taxpayers should be aware of is on January 1, 2013 the tax rates will be increasing for all Americans. What? Didnt our candidates say they would not be raising taxes? says Ohio State University Extension economist David Marrison. A