Efforts to Extend Bush-Era Tax Cuts Falter as Talks Are Delayed

A deal to extend soon-to-expire Bush-era tax cuts won’t be completed until December, and some Democrats in Congress said an accord may not be reached this year.

Obama and congressional leaders postponed until Nov. 30 a White House meeting, previously scheduled for tomorrow, to negotiate whether to extend lower tax rates for all taxpayers or just those with incomes of $250,000 or less.

via Efforts to Extend Bush-Era Tax Cuts Falter as Talks Are Delayed – Bloomberg.

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