Seems that the Congress has made a deal to pass an extension of the Bush tax cuts.
Except for those earning $200K per year.
Link to story.
But only a 2-year extension? Give me a break.
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UPDATE:
Link to story
Looks like the entire package of tax cuts was extended for 2 years. And unemployment extended for 13 more months.
Not a win at all.
The tax cuts need to be permanent, and unemployment is too long as it is.
One reader posted a comment on this article, but my son accidentally deleted it. If you would please re-send, I'll be glad to publish your response.
ReplyDeleteI agree that the Bush tax cuts ought to be made permanent, including abolition of the death tax. However, keep in mind that the 2-year extension is being done with the GOP still as the minority party in D.C. I never thought the Democrats would agree to do this. Two years will hopefully get us to the next GOP administration.
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