Obviously, the end of the year is fast approaching, and Washington still hasn’t hashed out a tax policy yet. What is the likelihood the increase in taxes will drive the economy into recession?
We tend to get blinded by the word taxes. While no one likes paying them, there are taxes, and then there are taxes, if you catch my drift. Basically, not all of them are bad, because, we, as citizens, get something tangible for them. I like to think of property taxes as the best example…full article… As previously published in the Montgomery Advertiser on December 14th 2012. http://on.mgmadv.com/UDPDNN
This report does not constitute an offer to sell or a solicitation of an offer to buy or sell and securities. The public information contained in this report was obtained from sources and vendors deemed to be reliable, but it is not represented to be complete and its accuracy is not guaranteed. This report is designed to provide an insightful and entertaining commentary on the investment markets and economy. The opinions expressed reflect the judgment of the author as of the date of publication and are subject to change without notice; they do not represent the official opinions of the author’s employer unless clearly expressed within the document. The opinions expressed within this report are those of John Norris as of the date listed on the first page of the document. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.