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More taxes to save US from bankruptcy?
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The latest US government efforts to raise the country's mammoth 14.3 trillion dollar debt ceiling, have collapsed - after a Republican opposition leader walked out of negotiations with President Obama. Unless the government can agree to raise the debt limit by August the 2nd - the country will be unable to pay its bills and will have to declare default. And the effects are being felt already - as the US Federal Aviation Authority, which oversees all civil flights, begins to shut down. But critics say that it's unlikely either side will offer a solution, be it more taxes or spending cuts. RT's New York resident - Lori Harfenist, went onto the streets of the Big Apple to gauge public opinion on more taxation. RT on Twitter: twitter.com RT on Facebook: www.facebook.com
I want to take this opportunity to thank you and your staff for helping me with my tax issues. Your staff has been courteous and helpful. Especially Brandi.
It is such a relief knowing that we settled for $15,421 instead of the original tax liability of $89,645.
Thank you again for helping me settle a difficult and stressful situation.
(Brandi, you deserve a raise just for dealing with me & my questions.)
