Henry Blodget:
Yesterday, the American government voted to extend almost all of the Bush Tax Cuts permanently. Not temporarily, as a stimulus measure. Permanently.
Read more at DON'T BE FOOLED: The Republicans Are Winning – Business Insider.
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THE Repulicans might be winning, but the US is losing. all of the Bush tax cust should not have been factored in forever.
perhaps some for a few years and then review. but the tax cuts for income earners above $250k should be reigned in. the US needs to have a tax system that is more like the rest of western world, otherwise they risk becoming a third world country.