So you want to talk long term gains. Which don't amount to a hill of beans IMO. Short term gains increase will hurt the economy because people will not invest in things, dividend income tax is also raised which is taking money out of your retirement if you have one, in a time when most are struggling to have a decent retirement. Not to mention the estate tax increase which is ruining the family farm throughout this country. http://www.investmentu.com/2012/November/important-tax-moves-before-december-31.html I think this one spells it out good, but will have two wait another month to find out what the IRS says. http://www.insideindianabusiness.com/contributors.asp?id=2319
I don't think your going to have to much of an effect. Just wait and see what is going to happen to food prices as a result.
Ok I have been researching the situation further. I have been watching a series called Real Housewives Beverley Hills. Now I thought I had an affluent lifestyle but I realize that I am but an amateur compared to you people over there. It seems fiscal cliff means maybe a few less lavish parties. And whats with those small dogs that cant walk and need carrying everywhere? If you have never watched it its a must, but you all live like that so its not news
David, If you want to watch a show about how I live it should be the Beverly Hillbillies, and just the first few seconds of the introduction before Uncle Jed struck oil.
Or Honey BooBoo David, Surely you caught some shows of the igloo trash, Sarah Palin and her offspring?
we have already done the Sarah Pain thing . I prefer the Real Beverley Hills housewives to the Orange County or the New York versions, the later two are so false and shallow.
For the third time in my life, this time i have not owned a t.v. in 5 months. can't seem to justify the big $ for something i use so little . . . . of course, the first two times it happened, i didn't have internet either!
Hey Denise you were always complaining about Romney being a fat cat millionaire that profited off of big business, what a bout a guy who took money out of the middle class pockets. Our possible new secretary of treasury. He's run one bank in the ground maybe he can do it again, it's already half way there!! http://www.huffingtonpost.com/2010/07/14/jack-lew-obamas-omb-pick_n_645093.html http://www.breitbart.com/Big-Govern...-Bagged-950-000-Bonus-After-Citigroup-Bailout
Speaking of that ol' fat cat Mitt, Al Gore just pasted him in the personal wealth department. Sold his TV network to Al Jesera who get their money from the royal family of Qatar, who get their money from oil. Circle of life I guess.
