Jun 10 2010

Will the U.S. Economy Collapse in 2011?

On or about Jan. 1, 2011, federal, state and local tax rates are scheduled to rise quite sharply as President George W. Bush's tax cuts expire on that date.  Will this cause the collapse of the U.S. Financial system in 2011?

Arthur Laffer (remember the "Laffer Curve?") says yes

James Altucher says no.

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