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Author: 2828 Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 744933  
Subject: Re: Obamacare-IRS-Taxes Date: 12/5/2012 6:07 PM
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The proposed rules are effective starting January 1. Before making the rules final, the IRS will take public comments and hold hearings in April.

And certain Congress "leaders" wonder why Americans are afraid to plan/spend on the future.

JLC
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You know who's completely against uncertainty?.......Obama:

http://hotair.com/archives/2012/12/05/obama-to-gop-on-debt-c...

Citing what he acknowledged were unconfirmed reports of Republican thinking, the president said “the thinking is the Republicans will have more leverage… and they will try to extract more concessions with a stronger hand on the debt.” But, he told the business leaders, “I have to just tell you. That is a bad strategy for America. That is a bad strategy for your businesses and it is not a game that I will play.”

Calling the last debt battle in 2011 a “catastrophe” that led to the lowering of the nation’s credit rating and stalled economic recovery, he said a repeat of that battle would cause great uncertainty around the world. “There is no uncertainty like the problem if the United States of America, the largest economy, the world’s reserve currency, potentially defaults on its debts.”

He added, “If the Congress in any way suggests they are going to tie negotiations to the debt ceiling and take us to the brink of default once again as part of a budget negotiation… I will not play that game because we’ve got to break that habit before it starts.”
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Uncertainty=bad.
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