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On tax cuts, a deal begins to take shape

Publié par Clifford Armion le 16/11/2010

Lisa Mascaro

"The partisan stalemate over tax cuts softened Monday, pointing to the outlines of a potential compromise that could involve extending the cuts for up to two years.

"Other proposals also were being floated as representatives and senators gathered for a post-election, lame-duck session, including one that would raise the income threshold for the tax cuts to $1 million, which would allow many households in the top bracket to continue receiving a tax break.

"For months, Republican lawmakers have been bitterly at odds with President Obama over how to extend tax cuts approved early in the George W. Bush administration, with especially sharp disagreement over breaks for higher-income taxpayers."

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Pour citer cette ressource :

"On tax cuts, a deal begins to take shape", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), novembre 2010. Consulté le 05/03/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/on-tax-cuts-a-deal-begins-to-take-shape