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Tuesday, December 29, 2009

Bush tax cuts present big problem for Demos | Deseret News (Salt Lake City) Newspaper | Find Articles at BNET

Bush tax cuts present big problem for Demos Deseret News (Salt Lake City) Newspaper Find Articles at BNET

In the back of every Washington politician's mind is this sobering fact: Unless Congress acts, the temporary tax cuts it passed when George W. Bush was president will expire at the end of next year.
If the Democrats who control Congress do nothing and let the tax rates on the highest income brackets return to their pre-2001 levels, their Republican rivals and many Americans will slam them as tax hikers.