Lear Capital Announces The Fiscal Cliff Protection Package

Santa Monica, CA (PRWEB) November 14, 2012

News about The Fiscal Cliff is gripping the nation, and it has the potential to change life as we know it. From how much money we keep to how much we pay in taxes … the looming financial meltdown will exempt no one. The end of old tax breaks and the beginning of new tax increases also spells trouble for Americas tenuous economic recovery.

In launching their Fiscal Cliff Protection Package (http://www.fiscalcliffprotection.com), Lear Capital has compiled a series of publications outlining the secrets and the strategies for not only preserving savings but for building wealth during volatile times. Their downloadable E-Books explore the history of money, the impact of monetary policy, the role of central banks, the instability of global currencies, and the financial impact of emerging nations.

So how big is the Fiscal Cliff? It could be twice the economic growth of 2012. As a matter of fact, the size of the coming economic contraction could exceed the GDP growth of the United States each year for the last 20 years! The Congressional Budget Office warns of a possible 6% drop in GDP and the loss of up to 2 Million jobs.

All of this is fueled, of course, by partisan bickering in Washington as political paralysis has set in and neither Democrats nor Republicans seem willing to waiver from their fixed positions on taxing and spending. So without any direct, congressional intervention before the end of the year, over $ 600 billion in fiscal shock is looming.

Why should consumers care? The tax increases amount to dollars and cents that will hit every Americans pay check. No one will be spared as taxes will increase for every tax payer in the country. Here is some of the Fiscal Cliff fallout:

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