One More Year of Tax Extenders: Paving the Way for Reform in 2015
Yesterday, the House passed a one-year extension for the “tax extenders”—a package of approximately 50 tax-reducing policies that expired at the end of 2013. The one-year extension would retroactively reinstate the policies for 2014, but no further. The Senate will vote on the extension next. Last week, President Obama torpedoed—with a veto threat—a potential deal […]