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

That's Not a Watch (This Is a Watch)

February 2015
Tuesday, January 27, 2015

Smartwatches are all the rage. But old-fashioned timepieces keep on ticking.


Read more...

Corner Office: Timothy Mitchell

January-Powerbook 2015
Saturday, December 13, 2014

A look-in on the life of Norris & Stevens' president, plus an abridged Powerlist for the best commercial real estate firms.


Read more...

Imperial Palate

February 2015
Tuesday, January 27, 2015

Power Lunch at the Imperial.


Read more...

Light Moves

February 2015
Monday, January 26, 2015
BY JACOB PALMER

Fittingly, Light at Play — a business whose sole purpose is to create mesmerizing ambience — was conceived at Burning Man.


Read more...

4 married couples who work together

The Latest
Thursday, January 22, 2015
IMG 0020BY JACOB PALMER | OB DIGITAL NEWS EDITOR

They say maintaining a healthy marriage takes work. So does running a business with your spouse.


Read more...

Ski traffic

News
Tuesday, January 20, 2015
0121-skiway-thumbBY LINDA BAKER | OB EDITOR

A place-based multimodal transportation plan for Mt. Hood is long overdue.


Read more...

7 industry trends of 2015

The Latest
Friday, January 09, 2015
covertrends15-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Industry groups identify top trends for 2015.


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