Lead negotiators laid out the impasse in fiscal slope negotiations on the Sunday shows. It boils down to taxes, with the White House seeking that increase in the top tax rates, and Republicans claiming to be open on revenue, but only from the capping of deductions or closure of loopholes. Treasury Secretary Timothy Geithner said [...]
Why Republicans Favor Revenue From Deductions Over Rate Hikes |
| By: David Dayen Monday December 3, 2012 6:26 am |



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