Delay On Tax Vote –

The vote on extending the Bush era tax cuts is likely to be delayed until negotiators meet this week.  Extension of the tax cuts for individuals earning $200,000 or less and married couples earning $250,000 or less is supported by both parties.  However, Republicans also support extending the tax cuts for higher income taxpayers as well as keeping the 15% rate for dividends and capital gains.  Estate tax provisions are also set to expire and are a point of negotiation between the parties.

To read a related Bloomberg article, please clcik here:

Jim Sutliff

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