The fiscal cliff is rapidly nearing as Republicans and Democrats slug it out on Capitol Hill. Democrats say no slashes to entitlement spending, and the GOP is declining to budge on raising taxes. However, a glance at tax rates around the globe shows that Americans have it relatively well, as tax troubles go. Source of article: http://personalmoneynetwork.com/moneyblog/2012/12/04/americans-pay-low-taxes/
Blog: Fiscal "Cliff" explained perfectly
2013-04-27 16:35 | Report Abuse
The fiscal cliff is rapidly nearing as Republicans and Democrats slug it out on Capitol Hill. Democrats say no slashes to entitlement spending, and the GOP is declining to budge on raising taxes. However, a glance at tax rates around the globe shows that Americans have it relatively well, as tax troubles go.
Source of article: http://personalmoneynetwork.com/moneyblog/2012/12/04/americans-pay-low-taxes/