I spoke with some people today, consensus seems that pushing the tax onto the job creators ($400,000+ per year income) is a very bad solution. Unemployment is going to skyrocket and the backlash of that is going to be less taxes getting paid into the system. So its a double negative.
The next hurdle is budget cuts. After that is the debt ceiling. After that is another round of QE. 3 more big negatives that are going to hit the market this year.
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