AMZN,AAPL: The Fiscal Cliff Paradox

The Fiscal Cliff Paradox
by Paulo Santos

Wikipedia defines the fiscal cliff as:
… the effect of a series of enacted legislation which, if unchanged, will result in tax increases, spending cuts, and a corresponding reduction in the budget deficit. These laws include tax increases due to the expiration of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 and the spending reductions ("sequestrations") under the Budget Control Act of 2011. read more »

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