US fiscal cliff risk is real, but fears are excessive
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In this article
- 'Cliff' components
- Income and capital gains tax
- Payroll tax
- Sequestration
- AMT
- Economic costs
- Fiscal cliff or 'fiscal slope?'
- Prospects for a deal
- Impediments
- Muddled mandates
- Competing imperatives
- Possible scenarios
- Optimal
- Sub-optimal
- High risk
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.
_350.jpg "A sign advertises a tax return assistance business in Virginia (REUTERS/Kevin Lamarque)")