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On the Table, Capital Ideas for Fiscal-Cliff Talkers

On the Table, Capital Ideas for Fiscal-Cliff Talkers

ugg boots uk Here’s the state of play on the fiscal-cliff-avoidance talks a month before the deadline: President Barack Obama and his Democratic allies insist on raising $1.6 trillion in new taxes, the bulk of which must come from higher tax rates on the rich. Republicans just as adamantly oppose higher rates.

It’s a classic standoff. Or so it would seem. Look more carefully, and important players on both sides appear willing to cede territory.

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