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From GoLocalProv by Dan Forbes, GoLocalProv Financial Expert:
Revisiting the “Fiscal Cliff”
It’s too optimistic to think any long term tax change will take place before the end of the year. Expect Congress to again put a temporary fix in place while they work out the details for a more permanent solution next year. You can realistically expect a rise in the top income tax rates, increased taxation on investment income, and estate tax parameters more generous to the government than currently exist.
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