Sam Goldfarb talked about a group of tax incentives passed annually in a “tax extender” package that were part of the “fiscal cliff” talks.He also responded to telephone calls and electronic communications. Topics included some of the types of tax extenders and the costs of retaining them, the alternative minimum tax, and the complexity of U.S. tax code.
“Fiscal cliff” referred to impending tax increases and budget cuts at the end of 2012 if Congress failed to reach a budget agreement.
Nancy Calo read news headlines from C-SPAN Radio at the end of the program.
This program was part of a “Washington Journal” series looking at specific policy areas of the “fiscal cliff.”