With Democrats divided over tax policy, Republicans and business organizations are arguing that uncertainty about the tax code is a drag on the economy.
The GOP message comes as Democrats engage in a fierce debate over whether to allow rates on upper income households to rise next year.
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Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
Monday, September 6, 2010
Republicans charge that tax policy uncertainty is a drag on economy
By Ian Swanson and Russell Berman-09/05/10 11:09 AM ET
Labels:
charge,
economy,
policy,
Republicans,
uncertainty
Sunday, September 5, 2010
Dems have few options on economy
9/3/10 5:23 PM EDT
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With another tepid jobs report in the books Friday, Democrats desperate for quick policy action to boost the economy face an excruciating dilemma, experts say.
The few things that might pass Congress — such as a payroll tax holiday or extended research-and-development tax credits — won’t work, or at least not before November’s midterm elections, when Democrats face potentially devastating losses.
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