Saturday, January 30, 2010

In Congress

IN CONGRESS

Return for a moment to Congress’ unfinished business on tax relief. Legislative battles over taxes will be particularly acrimonious in 2010, with the midterm congressional elections looming. Democrats will be attempting to maintain the Bush tax cuts, but only for middle and low incomers. And Obama has said 2010 is the year for tax code overhaul. With so many contentious issues already on their plate for next year, lawmakers did themselves no favors by punting on expiring breaks and the estate tax. Although Congress adopted the old slogan of the Brooklyn Dodgers and decided to wait until next year, lawmakers are certain to discover that their differences will be even harder to resolve in an election year.

JUST REMEMBER…MIRACLES HAPPEN ON ELECTION YEARS ... POLITICIANS LIVE BY THE 4 YEAR RULE: 3 FOR THEM AND 1 FOR US.

If you are fed up, let’s clean house this November.

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