CNNW Your Money November 18, 2012
York post poll, you clearly understand the danger of this fiscal cliff. 50 say it will have a major effect on the economy, 21 say a minor effect, 2 no effect, 10 say they dont know, which is why youre watching this right now. President obama says theyre centering around increasing tax on the wealthy which will go a good way in increasing the revenue that he wants to raise in the next decade in an attempt to reduce the federal deficit. He wants to reinstate the bush tax cut which goes to the top 2 of earners. That would jump from 36 to 39 . He likes to say thats where it was during the clinton ...