Barack Obama’s biggest test on tax policy will come even before his second term starts Jan. 20. The president wants to use an end-of-year showdown with Congress to force higher taxes on top earners and fulfill a promise from his 2008 and 2012 campaigns. To succeed, he will have to risk raising taxes for everyone or persuade Republicans to drop their demand to extend expiring tax cuts for all income levels. ...
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November 07, 2012
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