Tuesday, September 14, 2010

Compromise on Tax Cuts Near?

The article, "Compromise on Tax Cuts Near," from Fox News reports the condition of taxes being cut down under the economy circumstances. It is aware among Republican Senator Susan Collins, that raising taxes at this time is not suitable. Due to substantial unemployment and a weak economy, plans are being postponed. There is no complete answer to the tax cuts, but senators are looking for a 2-year extension of the current law. This is not a for sure matter; however, President Obama plans to only extend tax cuts for the middle class only. This matter has been highly agreed by other senators. The article is very important to me because it gives me the view of how the government is approaching the tax cut matter. It's still an unresolved matter that's getting thrown around. I am truly looking forward to the follow up with the tax cut issue. Makes the reader wonder will this issue ever come to a solution. The article is stated here. Fox News-Compromise on Tax Cuts Near?

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