More than three in four Americans will pay higher taxes for 2013, thanks to the fiscal cliff deal passed in Congress on New Year's Day. Over 77% of filers will pay more, according to the Tax Policy Center. The average increase is expected to be $1,257
Cliff divers -- the literal variety -- do intentionally and with grace what Washington has been striving spastically to avoid: They go over the cliff. There are two reasons why cliff divers may sail off into empty space with relative equanimity. The
America's economy may not be in as bad a state as Europe's, but the failures of its politicians—epitomised by this week's 11th-hour deal to avoid the calamity of the “fiscal cliff”—suggest that Washington's pattern of dysfunction is disturbingly
HONOLULU (TheBlaze/AP) -- President Barack Obama has signed a bill that boosts taxes on the wealthiest Americans and provides about $76 billion in special interest tax credits, while preserving Bush-era tax cuts for most
The business community isn't exactly patting Congress on the back for reaching a deal on the fiscal cliff. Rather than giving lawmakers a hearty thanks and a congratulatory handshake, business leaders seem to have copped the sort of attitude you might
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