Wednesday, December 14, 2011

Sharp Decline in Withholding Tax Receipts Signals Imminent Recession

[mEDITate-OR:
not see that THIS is very much NOT "Good News"...
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The sharp decline in withholding tax deposits that began in early 2011
is gaining momentum as we move into 2012
and this type of material deterioration was accompanied by economic contraction when it occurred in 2001 and 2008.
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Sharp Decline in Withholding Tax Receipts Signals Imminent Recession
http://prometheusmi.com/2011/12/13/sharp-decline-in-withholding-tax-receipts-signals-imminent-recession/
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