WASHINGTON, D.C. – President Obama and legislators who passed the bill that supposedly averted the so-called “Fiscal Cliff” believe higher taxes are not only necessary but should be welcomed. Before the bill was passed a few days ago, the president ...
Read More »Trending Topics: Fiscal Cliff
Breaking Down the Fiscal Cliff
WASHINGTON, D.C. – After much debate and finger pointing the so-called “fiscal cliff” was supposedly avoided by a last minute deal in Washington. In truth, lawmakers on both sides did what they have been doing for quite some time now—kicking ...
Read More »Fiscal Cliff Deal Includes Plenty of Tax Perks
WASHINGTON, D.C. – The last minute deal on Capitol Hill to avert going over the fiscal cliff is being billed as the salvation of middle-class taxpayers and the unemployed, but they aren’t the only ones who will benefit from the ...
Read More »Is There No Return From the Fiscal Cliff?
The mounting debt problem has become a serious issue for the United States due to a decade of irresponsible spending, lack of revenue and assuming too much of corporate and private sector debt. Corporate bailouts, economic stimulus packages, reckless spending, ...
Read More »Way Off The Grid: Obama to Require Middle Class To “Spread The Toys Around” to Avoid Fiscal Cliff
Editor’s Note: Way Off the Grid is a satire feature of Off the Grid News. While the articles in this section may deal with current events, they are meant to portray these topics in a satirical and humorous light. WASHINGTON, ...
Read More »The Fiscal Cliff: Our Financial Future
With all of the news coverage about the fiscal cliff, it can be difficult to tell fact from fiction concerning our financial future. Here’s what you need to know. The Status Quo Unfortunately, our representatives have put us in a ...
Read More »Polls Shows that 75 Percent of Americans Want Across the Board Spending Cuts
WASHINGTON, D.C. – According to a recent Politico/George Washington University Battleground poll, more than two-thirds oppose raising taxes on small businesses that earn more than $250,000 per year. 75% of Americans also want across-the-board spending cuts to the federal budget. ...
Read More »President Takes Winner-Takes-All Approach to Dealing with Fiscal Cliff
WASHINGTON, D.C. – As the United States finds itself within days of the so-called “fiscal cliff,” extremely divergent narratives are being spun about the willingness of President Obama to make necessary compromises to forge a plan acceptable to both sides ...
Read More »Farmers and Ranchers Prepared to Take a Hit from Rise in “Death Tax” Rates
WASHINGTON, D.C. – One of the casualties of the imminent “fiscal cliff” will be the current estate tax rates. As things stand now, the federal government taxes estates worth $5 million dollars and up to 35 percent. If the Bush-era ...
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