Would eliminating all federal employees reduce the deficit? In a word, no. Eliminating every federal employee, military included, wouldn’t eradicate the deficit.
What Does the ‘Fiscal Cliff’ Mean for your Personal Tax Burden?
The “fiscal cliff” is a term that refers to a series of tax increases set to take effect at the start of 2013. What are some of these tax increases, and what impact would they have for you?