Eugene David ...The One-Minute Pundit |
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Tuesday, December 22, 2009
Give yourselves a hand, Congresspoops:
Congress Lets 50 Tax Breaks Expire Or more like three fingers. Most of the fading-out-50 can, and likely will, be reauthorized retroactively, creating an inconvenience for some taxpayers, but not the same sort of mess as Congress' failure to resolve the future of the estate tax. The estate tax will expire at the close of Dec. 31 and Democrats are pledging to resurrect it retroactively, leading to all sorts of potential legal problems, as well as some planning opportunities for wealthy families. Ka-CHINNNNNNNNNNG!!!!! Can we peons pay as usual?
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