Perhaps it’s time to rethink the Bush tax cuts.
President Obama wants to let them expire for those making more than $200,000 a year ($250,000 for a couple). The Republican leadership wants to extend them. This is not a clear case of Republicans versus Democrats however. Many blue dogs are leaning toward extending the tax cut ostensibly because it would hurt S corp. business owners.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access