The Fiscal Cliff Approacheth
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11-14-2012, 10:39 AM
Black for Palestine
Join Date: Oct 2006
Casino cash: $23712
Allow the Bush tax cuts on high earners to expire.
Limit itemized deductions to 28 percent, close some loopholes and deductions on high earners, eliminate tax breaks for oil and gas companies, eliminate the carried interest loophole, plus a few other items.
Create a special "Buffett Rule" tax rate for millionaires.
Restore the estate tax to 2009 levels.
Limit corporate income shifting to low-tax countries.
Other miscellaneous tax increases and reductions.
About -$200 billion
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