Posted on 07/27/2012 9:36:01 AM PDT by SeekAndFind
Unemployment benefits are taxable.
I agree. Many companies and individuals are probably doing all they can to make money and declare income this year as much as possible. Businesses have also found ways to do more with fewer employees, increasing profits. But with taxmageddon looming, many companies will start laying off employees and shutting down some operations to re-assess their business models.
The big swoon is coming in the next few months.
I just read a report about a company that’s cancelling its expansion plans because of the new medical device tax.
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