US Fiscal Cliff Talks Stall as Both Sides Dig In



US fiscal cliff talks stall as both sides dig in (via AFP)

US Democrats and Republicans bickered on Thursday over whether to raise taxes on the wealthiest Americans, as crunch negotiations on avoiding the so-called fiscal cliff stalled. Republican speaker John Boehner met Treasury Secretary Timothy Geithner, after a Wednesday phone call with President Barack…



  

Author: Guest Voice

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  1. This is so much BS !! The wealthiest people don’t want their taxes raised. Since they run this country, the bottom line is if they have to pay more they will just pass that increase along to the rest of us, either through layoffs or raising prices for products and services. It really is a moot point whether Obama increases taxes. The tax increase on the wealthy won’t bring in any more revenue from THEM..it will bring it in from the middle and lower classes. Meanwhile, Obama will have made concessions to the Reps for deep cuts which will greatly hurt the middle and lower classes as well. Pretty much, the rich and powerful will continue to thrive at the expense of the rest of the country.

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