A Republican House leader said he opposes granting only a short-term extension to current tax rates for top earners, as a battle looms in Congress over the expiration of the tax cuts enacted under former President George W. Bush.
Rep. Eric Cantor of Virginia, the House’s No. 2 Republican, said failing to extend the reduction for the highest earners on the same terms as for other Americans would create uncertainty that would threaten economic recovery.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
