Detailed text transcripts for TV channel - FOXNEWS - 20130101:23:28:00
First off, the tax hike on the wealthy americans, certainly that was expected. investors knew that when they closed out trading monday evening. the limiting deduction for those making $250,000 or many is a big chunk rate. they make maybe not so great decisions in 2013, whether you buy a stock or a bond. that is an issue. capital gains taxes. permanent rise they propose on the senate. 20%. right there. and then the spending cuts. that is the lack of spending cut. the debt ceiling debate is a mini cliff if you will for many investors and traders. there will be so many more problems coming up in ...
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