Obama and the Crash of 2013

by Peter Ferrara

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Description

Most people do not know that already enacted in current law for 2013 are increases in the top tax rates of virtually every major federal tax. That is because the tax increases of Obamacare become effective that year, and the Bush tax cuts expire, which Obama has refused to renew for the nation’s small businesses, job creators and investors. Also by 2013 Obama’s regulatory tsunami will be building to a crescendo of increased costs on the economy. And the Fed, now committed to maintaining loose mo