Martin Feldstein: The US is unlikely to avoid “fiscal cliff”



From FT:

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If President Obama is re-elected, he would regard that as a mandate to raise taxes on high income taxpayers. Some Democrats advocate that the President propose new legislation in January to cut taxes on everyone with income below $250,000, daring House Republicans to vote against a bill that lowers taxes on 97 percent of taxpayers while raising taxes on no one Read more

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