White House: Tax-rise risk a yule downer
‘Cliff’ seen hurting retailers
Posted: November 27, 2012 at 5:37 a.m.
Despite early signs of robust sales, White House economists warned Monday that the uncertainty of a potential increase in taxes next year for middle-class taxpayers under the looming “fiscal cliff” could hurt consumer confidence during the crucial Christmas shopping season.
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Front Section, Pages 1 on 11/27/2012