Fiscal Cliff and Income Tax Rates
Zachary Goldfarb talked about the impact of the “fiscal cliff” on the income tax cuts passed in 2001 and 2003 under President… read more
Zachary Goldfarb talked about the impact of the “fiscal cliff” on the income tax cuts passed in 2001 and 2003 under President George W. Bush, and extended in 2010 under President Obama.
“Fiscal cliff” referred to impending tax increases and budget cuts at the end of 2012 if Congress failed to reach a new budget agreement.
Nancy Calo read news headlines from C-SPAN Radio at the end of the program.
This program was the first part of a “Washington Journal” series looking at specific policy areas of the “fiscal cliff.” close
*The transcript for this program was compiled from uncorrected Closed Captioning.
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- Goldfarb, Zachary A. Correspondent Washington Post->Financial
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