Fiscal cliff tax deal: Getting to $1 trillion
November 26th, 2012
07:26 AM ET
1 year ago

Fiscal cliff tax deal: Getting to $1 trillion

New York (CNNMoney) - Leaders in Washington say they want to make a "down payment" on deficit reduction and avert the fiscal cliff.

But the size of any down payment depends in large part on whether the two sides can agree on taxing the rich.

FULL STORY

Filed under: Fiscal Cliff • Taxes
soundoff (2 Responses)
  1. Gurgyl

    RAISE TAX ON WEALTHY AND CUT DEFENSE. Hands off SS, Medicare and middle class income tax etc. Bring troops from Afghanistan. WARS BROKE this nation. Tell to GOP idiots. Hayyy holidays. Focus on GREEN ENERGY, INFRASTRUCTURE, EDUCATION AND IMMIGRATION. OBAMA THE BEST. Have strong security, please.

    November 26, 2012 07:53 am at 7:53 am |
  2. S.B. Stein E.B. NJ

    There needs to be something done. Those Republicans that have signed onto Norquist's pledge need to look beyond that and see what the country needs and not this one guy. There is no reason to support reduced taxes on the top 2% or even limit it to the top 1%. Norquist claims that these pledges are to the places (states or districts) that the member of Congress represents. Let him prove that there was a home grown organization that promoted this before Norquist did and maybe I'll believe him. As for the Republicans that claim that this will hurt small businesses, they need to provide some people that this will hurt and get them to testify before Congress under oath. Without some level of proof on that statement, I don't believe them.

    This was to be on another listing but was locked out because it was "closed."

    November 26, 2012 08:46 am at 8:46 am |