Signalling the ‘biggest tax increase and spending cut in history’
Troy, MI November 27, 2012 – A clear spike has been noted in the internet search results for The Fiscal Cliff. The topic, which has been of concern to analysts in the financial industry for some time, is now trending online.
Gauging the Fiscal Cliff: A Chart” is an easy-to-understand, consolidated Explanation Chart of the Fiscal Cliff components just released by Leon LaBrecque,, JD, CPA, CFP, CFA, Chief Strategist and founder of LJPR, a firm managing over $470 million* in assets.
“We have created a chart to gauge the overall potential effects of the looming Cliff. This chart focuses on the magnitude of each component of The Cliff, danger zones, who is impacted – and to what extent – as well as likely fixes and the probability of those fixes actually taking place,” says LaBrecque. His White Paper on the Fiscal Cliff from over a year ago has been widely distributed.
“We believe this chart is far-reaching and a valuable resource to most individuals, directly addressing the biggest tax increase/spending cut in history,” says LaBrecque.
About Leon LaBrecque
Mr. Labrecque is the managing partner and founder of LJPR, LLC, a firm managing over $470 million* in assets. A true visionary who brings the experience of many different fields to the table, he has provided integrated, comprehensive financial advisory services to a large number of people for over two decades. Leon is an attorney, CPA, CFP® and CFA and specializes in financial planning, estate planning, business and tax planning for individual and business clients. Leon has written a White Paper on the Perfect Tax Storm, which can be found on the front page of LJPR.com. Leon’s extensive experience includes work with Arthur Andersen, Plante & Moran, PLLC, and the University of Detroit. He is also the former Dept. Chair of Finance and Economics at Walsh College, where he created the College’s Master in Finance program. Leon is the author of 14 proprietary retirement/financial planning programs for clients including General Motors, Ford Motor Co., Lucent, States of Montana and Washington, AT&T and CalPERS, among others. He regularly appears on television and radio programs nationwide, presenting on various economic and financial topics. Leon has also been working with Automotive Employees and Retirees on a broad range of topics, especially Retiree plans/strategies, since the mid-1980’s. Leon is a specialist in LJPR’s Michigan Police and Fire planning section. Leon LaBrecque’s direct e-mail is [email protected]. For an interview with Leon, call Josephine at 734.385.6170.
*As of 10-2012