The Impact of Not Extending the US Tax Cuts
The potential fallout of not extending the U.S. tax cut legislation, implemented by President George Bush’s administration, is staggering. The U.S. economy is in a state of crisis. Many economic experts believe this could be the staggering blow that pushes the unemployment rate even higher as small business owners are forced to begin laying off even more employees in order to maintain the slimmest of profit margins….
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