Home Must Reads 90 percent of Americans face higher taxes

90 percent of Americans face higher taxes

| Print |  Email
Must Reads
Monday, October 01, 2012

Nearly 90% of Americans would face higher taxes next year unless Congress passes legislation in a lame-duck session, according to a new report.

The tax changes are part of what has come to be known as the "fiscal cliff," a range of temporary tax-break expirations and government-spending cuts. The coming changes are set on auto-pilot; they were put into place by U.S. lawmakers who could not agree on permanent compromises.

Economists are virtually unanimous in saying that unless Congress changes course before Dec. 31, the country will be driven over an economic "cliff" and into a new recession.

Read more at OPB.

{biztweet}fiscal cliff{/biztweet}

 

More Articles

Shifting Ground

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

Bans on genetically modified crops create uncertainty for farmers.


Read more...

Revenge Forestry

November/December 2014
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG

A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.


Read more...

October surprise

News
Sunday, October 12, 2014
roundup-logo-thumb-14BY LINDA BAKER

Cylvia Hayes, tabloid vs. watchdog journalism and the looming threat of a Cascadia earthquake.


Read more...

Election Season

November/December 2014
Wednesday, October 22, 2014

We didn’t intend this issue to have an election season theme. But politics has a way of seeping into the cracks and fissures.


Read more...

OB Poll: Wineries and groceries

News
Friday, October 24, 2014

24-winethumbA majority of respondents agreed: Local vineyards should remain Oregon-owned and quality is the most important factor when determining where to eat or buy groceries.


Read more...

Grape Expectations

October 2014
Thursday, September 25, 2014
BY HANNAH WALLACE

Well-financed outsiders from France and California are buying up vineyards and wineries in the Willamette Valley.


Read more...

The 100 Best Companies survey is open

News
Friday, October 24, 2014

100-best-logo-2015 500pxw-1How does your workplace stack up against competitors? How can you improve workplace practices to help recruit and retain employees? Find out by taking our 100 Best Companies to Work for in Oregon survey!


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS