Looming Tax Increases and Reduced Spending Could Cause Recession

Last week I talked about the Bush Tax Cuts expiring at the end of this year.  Well there are other expenses, taxes and whatnot that the Congressional Budget Office warns could cause a recession in the first half of 2013.  Here is the article by Michael Cohn, Editor-in-Chief, AccountingToday.com  that talks about it:

http://www.accountingtoday.com/news/Looming-Tax-Increases-Prompt-Recession-Next-Year-62754-1.html?ET=webcpa:e2533:204199a:&st=email

The second half of 2012 should have a lot of excitement, shouldn’t it?

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