The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

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Wednesday, November 7, 2012

Obama Win Seen Pyrrhic Without Republican Congress Assent on Taxes

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. ...

via taxprof.typepad.com

http://rightcoast.typepad.com/rightcoast/2012/11/obama-win-seen-pyrrhic-without-republican-congress-assent-on-taxes.html

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