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Old November 13th, 2012, 09:57 AM   #10 (permalink)
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Every company my husband has worked for since 2000 has laid people off at this time of year.
And this is more business as usual?
The Bush-era income tax rates will expire at the end of the year. That is only one of a number of financially significant–some say cataclysmic–deadlines that occur around year end: the payroll tax holiday ends, the alternative minimum tax patch will expire, $36 billion in Obamacare taxes will take effect, tax extenders will expire, the (minimal) 2009 stimulus tax cuts will run out, the inheritance tax will increase, and 100% expensing for business investment will expire.
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