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According to the Tax Policy Center of the Urban Institute and Brookings Institution, "The fiscal cliff threatens an unprecedented tax increase at year end. Taxes would rise by more than
$500 billion in 2013—an average of almost
$3,500 per household—as almost every tax cut enacted since 2001 would expire…. Average marginal tax rates would increase by 5 percentage points on labor income, by 7 points on capital gains, and by more than 20 points on dividends."
Join us for a roundtable on
November 14th to discuss the implications for your business when and if the fiscal cliff happens. Our panel will provide insights and analysis on the following:
The government dynamics that play a role in how this looming crisis plays out
Tax strategies for provisions expiring at the end of 2012
The estate and gift tax exemption will be reduced to $1 million in 2013. What are your options before then?
What are the possible consequences for healthcare reform?
What are the likely repercussions for the energy industry?