Tax Hike for Wealthy Americans Won’t Kill Growth
Date: Nov 09 2012
Filed under: Taxes
By David Lawder and Kim Dixon
WASHINGTON, Nov 8 (Reuters) – Allowing income tax rates to rise for wealthy Americans, and maintaining rates for the less affluent, would not hurt U.S. economic growth much in 2013, the Congressional Budget Office said on Thursday, stepping into a dispute between Republicans and Democrats over how to resolve the so-called “fiscal cliff.”
The report by the authoritative non-partisan arm of Congress is expected to fuel President Barack Obama’s demand for higher…
Tax Hike for Wealthy Americans Won’t Kill Growth originally appeared on DailyFinance.com on 2012-11-09T11:25:00Z.
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