In January 2009, a global economic recession began in the United States which caused many countries around the world to worry, as the change in the quarterly GDP or Gross Domestic Product caused a pronounced deceleration of the economic activity. Although the recession ended in January of 2010, many people still refer to the 2009 recession as the Great Recession, a pun of the Great Depression which happened in the 1930s. Even though the financial and housing crash brought by the sudden and total collapse of the US stock market prices in October 1929 has long passed, many people are still contemplating on many possible reasons why the economy has not fully recovered yet. Roni Lynn Deutch, the president and founder of the Roni Deutch, A Professional Tax Corporation, stated on her blog that some experts are asserting that the real problem lies in low tax rates.
Many tax experts and tax attorneys like Roni Deutch continue to help citizens understand and deal with tax matters appropriately by offering their professional services and advices to those who need them. In addition to this, many of tax lawyers and tax experts like her opted to create their own websites and blog pages where they can post relevant tax information in order to reach out to more people. In her latest tax blog entitled “Are Low Taxes Exacerbating the Recession?”, which can be found at RoniDeutch.blogspot.com, Roni Lynn Deutch mentioned Secretary of State Hillary Clinton’s support for the theory that the reason why the economy remains at its worst economic state since the Great Depression lies in the low tax rates.
As of July 2010, Roni Deutch has written hundreds of blog articles discussing tax and economy related issues such as tax deductions, unemployment, taxing trends, and recent economical concerns.