Tag Archives: national debt

2011: The Year Of The Tax Increase

Unless the U.S. Congress acts, there is going to be a massive wave of tax increases in 2011. In fact, some are already calling 2011 the year of the tax increase. A whole host of tax cuts that Congress established between 2001 and 2003 are set to expire in January unless Congress chooses to renew them. But with Democrats firmly in control of both houses that appears to be extremely unlikely.

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Football Saves Spain’s Economy from Decline

The victory of the Spaniards over the Dutch in the World Cup will help the economy, experts say.  

The euphoria of the victory improves the mood of the population, and the population in a good mood begins to spend more money and shop more frequently.

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