The Heritage Foundation has published "Tax hikes Unnecessary for Extension of Current Policy," by Curtis S. Dubay. In his article Dubay argues:
Congress will soon debate extending certain tax provisions that will expire at the end of the year. Even though continuing these provisions prevents a tax hike, some in Congress still feel it necessary to pay for them by increasing other taxes. Congress should not use the need to extend current policy as an excuse to raise taxes, because preventing a tax hike is not a tax cut.
Congress will soon debate extending certain tax provisions that will expire at the end of the year. Even though continuing these provisions prevents a tax hike, some in Congress still feel it necessary to pay for them by increasing other taxes. Congress should not use the need to extend current policy as an excuse to raise taxes, because preventing a tax hike is not a tax cut.
Posted by Marc Patterson, Associate Editor, Wealth Strategies Journal.
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