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Nothing to be Proud of; The Fiscal Cliff
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 406 no. 8817 (Jan. 2013)
,
page 24-25.
Topik:
Tax Deal
;
Financial Crisis
;
Economic Conditions
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.75
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Barack Obama wrings an 11th-hour deal on taxes from John Boehner and the Republicans, but accomplishes little else The deal to avert the fiscal cliff had not yet been sealed when Barack Obama allowed himself to gloat a little. "Last month, Republicans in Congress said they would never agree to raise tax rates on the wealthiest Americans," he reminded a friendly White House audience on December 31st. Yet the deal would do just that, he declared. And they all applauded him. The tax deal enacted this week, which leaves income-tax rates where they are for 99% of households while raising them sharply on the top 1%, was indeed a political victory for Mr Obama. For the first time in more than two decades Republicans had voted for higher taxes, by large numbers in both the Senate and the House of Representatives. The deal raised almost as much money from the rich as Mr Obama had first sought, and he made no meaningful concessions on spending in return.
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