Tax Cut Compromise –

Barack Obama is moving in the direction of a tax cut compromise during the lame duck session.  Tax rates will rise in 2011 if action is not taken to keep the Bush tax cuts.  The White House has also indicated that Obama will support a temporary extension of lower rates for upper income taxpayers.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2010-11-06/obama-says-there-s-room-for-compromise-with-congress-on-tax-cut-extension.html

James Sutliff