The generous bonus depreciation and small business deduction rules begin to drastically phase out in January 2012, which will likely cause a dramatic reversal in investment and other indicators.

FORBES: Depreciation Rules, Investment Swings And Rescheduled Economic Growth

The phase out is written into the WTO rules and China and India would not agree to a delay.

BBC: Mundo | Aprenda ingl��s | Preocupa el fin de las cuotas textiles

To make matters worse, the three-phase benefit--each with its own set of rules--creates powerful incentives for old people, with the connivance or even the active participation of doctors and druggists, to pad their pill expenses.

FORBES: Magazine Article

And, because myriad Dodd-Frank rules remain unwritten and banks are facing the phase-in of new Basel III standards, to increase profits, banks can either make a riskier loan in an uncertain regulatory environment, or cool their heels and collect a small but risk-free return.

FORBES: Inflation Fears and Facts

It provides 12 different benefits for education, with different income phase-outs, different definitions of eligible expenses and different rules for how a benefit interacts with other benefits.

FORBES: Paying for College: Federal Tax Credits and Deductions

As a result, new rules governing the preparation of tax returns have been in the works for nearly three years with the first phase of the regulations implemented in 2011.

FORBES: Audit Finds That Prisoners and Felons Granted Permission To Prepare Returns

The rate of premature births was found to fall after each phase of the ban with the biggest impact seen after the second two bans with restaurants and bars introducing no smoking rules.

BBC: Smoking ban 'cuts premature births'