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The Truth Behind the Tax Cut Lies

The Truth Behind the Tax Cut Lies – The biggest battle in the lame duck session of Congress may well be over whether or not to extend the Bush administration’s tax cuts [1], which are scheduled to expire in January. The fact that this decision has been left until late in the eleventh hour, even though the expiration da…te has been known for years, tells us a lot about the utter irresponsibility of Congress.

Neither businesses nor individuals nor the Internal Revenue Service will know what to do until this issue is resolved. In a stalled economy, we do not need this prolonged uncertainty that can paralyze both consumer spending and investment [1]spending.

Read the entire article here:  http://frontpagemag.com/2010/12/02/the-truth-behind-the-tax-cut-lies/print/

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Heritage Income Tax Service, Inc. | 4303 Portsmouth Blvd., Portsmouth, VA 23701
(757) 488-7232 | Fax (877) 488-7232

Heritage Income Tax offers a full range of tax preparation services. Located in Portsmouth, Virginia, we serve the entire Hampton Roads area including the cities of Chesapeake, Virginia Beach, Norfolk, Suffolk, Newport News and Hampton.