New Year Will Likely Include New Tax Scheme

Waddel, Melanie
January 2011
Investment Advisor;Jan2011, Vol. 31 Issue 1, p19
The article reports that both the House and Senate favor the bipartisan tax package in the U.S. It mentions the passing of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, which is a bill introduced by Senate Majority Leader Harry Reid. According to House Majority Leader Steny Hoyer, the House Democrats would like to make changes to the bill specifically the amendments to the estate tax provision that is opposed by the liberal House Democrats.


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