Democrats Postpone Tax Vote –

The Democrats have postponed a vote on the Bush era tax cuts until after the election.  Democrats expect to have the votes to pass the Obama tax plan which lets some of the Bush tax cuts expire.  There is a likelihood that Republicans will make significant gains in both the House and Senate this November.  Therefore, the chances of the Obama ptax plan passing is not that strong. 

To read a related Bloomberg article, please click here:

James Sutliff

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