Bush Era Tax Cuts Due to Expire in December, This Falls Big Political Battle

[Joanne98]

For OpEdNews: Dave Lefcourt - Writer

The lead headline in the New York Times this morning read, "Next Big Battle in Washington: Bush's Tax Cuts."<1>

The Bush tax cuts of 2001 and 2003 are due to expire at the end of this year.

This being an election year both parties obviously will be maneuvering to develop a strategy they believe will be most advantageous to them in November, while casting aspersions toward the other side.

With the issue being tax cuts, it is hard to imagine Republicans repealing any cuts, even for the highest wage earners, traditionally their most favored constituency.

http://www.opednews.com/articles/Bush-Era-Tax-Cuts-Due-to-E-by-Dave-Lefcourt-100725-748.html