Thursday, November 29, 2012
The fiscal cliff involves the expiration of the current tax rates, along with the deep spending cuts that will be required in defense and domestic programs by the federal government. As the end of the year nears, Washington continues to grow more concerned with this fiscal cliff. Financial advisor Leo LaBrecque* and his team at LJPR LLC have created a chart to help people understand this fiscal cliff that has Washington all in a flurry.
Please click here to see the chart.
*Leo LaBrecque is a CPA, CFP and CFA as well as managing partner and chief strategist at LJPR, which manages over $470 million in assets.
See Michael Cohn, Charting the FIscal Cliff, Accounting Today, Nov. 28, 2012.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.