Theodore's World: Krauthammer .....What are implications of 'fiscal cliff' deal.....

« Speaker Boehner Promises to Pass Sandy Bill Without Senate Pork So Chill Out Chris Christie! | Main | Total Jerk Democrat Leo Terrell Covers His Ears In Protest of Hannity’s Questioning »

January 03, 2013

Krauthammer .....What are implications of 'fiscal cliff' deal.....

Wild Thing's comment.............

Also they show a clip of Marsha Blackburn that is really good.

Posted by Wild Thing at January 3, 2013 12:45 AM


Yes. There were a few good things that came out of this bill and lots of bad things. Very confusing. Overly complicated, lawyerly and political. The somewhat good are now a known minimum on the estate tax. It should have been abolished but at least now we know the limits. I hope it, like the alternative minimum tax, is indexed for the massive inflation just around the corner. Indexing the AMT(it should also be abolished) and keeping the Bush tax cuts are good for us as individuals, probably bad for the economy as it reduces treasury income.

Again, the main problem not addressed is federal govt. spending.

Posted by: TomR, armed in Texas at January 3, 2013 01:00 PM