In the immortal words of Python -

Run Away, Run Away!


House puts off vote on Bush-era tax cuts

(Reuters) - Democratic leaders in the U.S. House of Representatives bowed to political reality on Wednesday and agreed not to vote on extending Bush-era tax cuts until after the November 2 election.

Facing division within their ranks and anxiety about the election, House Democrats followed the Senate's lead and agreed to wait to vote on the volatile issue until mid-to-late November or December

So how can the economy recover if business does not know what it's tax rates will be?

Quote from: Cryptic Bert on September 29, 2010, 08:22:40 PM
So how can the economy recover if business does not know what it's tax rates will be?

Hey, there's always more "Bail Outs"

Quote from: Cryptic Bert on September 29, 2010, 08:22:40 PM
So how can the economy recover if business does not know what it's tax rates will be?

Basically, it can't.  Uncertainty plays havoc in the economic community.  Heck, we're not buying anything until everything calms down.  Why spend money when you have no idea what the feds are going to want to take from you at tax time?  You have to pay that fed piper.