2011 ‘Tax’ Collapse Coming
Taxes item by Offsite - Jun 7, 2010

Tax hikes expected to hit after the expiration of the Bush tax cuts will cause today’s corporate profits to tumble next year - probably right after a stock market collapse, says economist Arthur Laffer, chairman of Laffer Associates and inventor of the Laffer Curve.

“My best guess is that the train goes off the tracks and we get our worst nightmare of a severe ‘double dip’ recession,” Laffer says. Full Piece

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