The tax plan created under Bush will expire in January, meaning that a new plan will need to be in place before we head into the new year. Already the battle over whether to extend them or let them die has become a political knife fight.
Democrats say the Republican plan will help the rich. Republicans claim the Democrat plan will bust the budget. We've heard so much back and forth about this, for so long, it's hard to know what's truth and what's fiction. Well, a new study was released by the nonpartisan Joint Committee on Taxation that surveyed both plans.
Read More »