Thursday, December 02, 2010

Signs Point to Extending All Tax Cuts Temporarily

The Wall Street Journal reports:
A likely outcome includes a one- to three-year extension of the Bush-era income tax rates and a two-year extension of the business provisions, according to aides. The package could include Democratic priorities such as extension of tax breaks that benefit the working poor, as well as further extension of unemployment benefits for the long-term jobless.