3 ETF Sectors Facing Tax Uncertainty
For investors, the last few months have been dominated by two words: fiscal cliff. The combination of automatic expiring tax breaks and across-the-board government spending cuts scheduled to become effective on January 1, 2013, has sent a shiver down the spine of market participants. The pending line in the sand was drawn during the last debt ceiling debate, as members of Congress couldn’t decide on how to cut spending/raise taxes enough. The resulting Budget Control Act plus the expiration of the Bush-era tax cuts was designed as motivation to get the Federal government to move and create a realistic solution to fixing the United States’s budget woes. The $600 billion in proposed cuts across defense, federal agencies and cabinet departments is certainly good motivation to get the job done. If the Feds don’t act in time, analysts expect the economy to truly “fall over a cliff” and regress back into recession. [...] Click here to read the original article on ETFdb.com. Related Posts: Five ETFs To Watch If Meredith Whitney Is Right Look Out Below! Muni Bond ETFs In Freefall Highlighting Seven Unique Dividend ETFs Tax Reform And Dividend ETFs: Cause For Concern? Build America Bond ETFs: Crushing The Muni Competition
For investors, the last few months have been dominated by two words: fiscal cliff. The combination of automatic expiring tax breaks and across-the-board government spending cuts scheduled to become effective on January 1, 2013, has sent a shiver down the spine of market participants.  The pending line in the sand was drawn during the last debt ceiling debate, as members of Congress couldn’t decide on how to cut spending/raise taxes enough. The resulting Budget Control Act plus the expiration of the Bush-era tax cuts was designed as motivation to get the Federal government to move and create a realistic solution to fixing the United States’s budget woes. The $600 billion in proposed cuts across defense, federal agencies and cabinet departments is certainly good motivation to get the job done. If the Feds don’t act in time, analysts expect the economy to truly “fall over a cliff” and regress back into recession. [...]

Click here to read the original article on ETFdb.com.

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