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Showing posts from December, 2012

Fiscal Cliff Commentary

At White House Financial we pride ourselves on being unique and different and hence we were going to attempt to NOT have any commentary on the “Fiscal Cliff”, however, prudence won out and we just wanted to make sure all of our friends and clients knew where we stand on this subject.So here it is!!Hot off the presses!
For those of you who have been traveling far away from any type of “civilization” the“Fiscal Cliff” is apackage of significanttaxhikesandspendingcutsscheduledtotake effectin2013.

Prior legislativecompromises over U.S.fiscalpolicy havesetthestageforautomatic spending cutsandtax hikes.Thefiscalcliffrefersto:

1.)Sun-settingof Bush-eratax rates,