Friday, December 10, 2010

Senate Unveils Tax Bill's Price Tag-wsj.com

Senate Unveils Tax Bill's Price Tag-wsj.com: The Senate unveiled final details of a broad tax bill—and its 10-year price tag of $858 billion—and began debate Thursday night on the package, a significant step after two years of gridlock over how to treat expiring tax cuts enacted under former President George W. Bush. Without action, income taxes on nearly every American are due to rise on Jan. 1.