Saturday, December 29, 2012

Fiscal Cliff

               The majority of people who have a successful career tend to earn more money. When a person earns more money they have to pay more tax, but for quite a while now the top 5% have been on a tax cut along with many companies and businesses. The fiscal cliff is considered to be a solution for the congress but what will happen will leave America in a worse shape than it already was. It will cause a national loss of  up to $680 Billion worth of money in the banks. Everyone including the republicans and democrats are worried that america will fall of the fiscal cliff. Both sides of the senate are trying to find a compromise before the end of the year, and before mayhem strikes. Our problem is evident we just need to have a solution when the time comes.

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