We may need to go over the Cliff. If I thought substantial automatic cuts in spending were in fact to happen I would be happy to pay the additional 18K it will cost me in taxes. Of course the following year I would expect to pay much less as I will clearly take an income hit. About the one year anniversary of tumbling over and assuming the correct cuts are made I expect the takers will realize the problems they created and will educate themselves.
Batten down the hatches
“About the one year anniversary of tumbling over and assuming the correct cuts are made I expect the takers will realize the problems they created and will educate themselves.”
I wouldn’t bet the farm on that...