Murray, Rossi clash on tax-cut renewal

[icymist]

Source: Seattle Times

Among the thorniest debates facing Congress when it returns to work next month is whether to extend the Bush-era tax cuts.

It's a dispute that's echoed in Washington state's competitive U.S. Senate race between Democratic incumbent Sen. Patty Murray and Republican challenger Dino Rossi.

Both candidates largely follow their party's lead on the issue: Rossi wants all the tax cuts to remain in place for everyone. Murray says wealthy Americans can afford to pay higher taxes on their incomes and investments to help shrink the federal budget deficit.

If Congress does nothing, the 2001 and 2003 tax cuts will expire at the end of the year, returning rates to their higher 1990s levels. That's a scenario that Rossi has played up on the campaign trail.



Read more: http://seattletimes.nwsource.com/html/localnews/2012765302_senateracetaxes31m.html

[Lagomorph]

1. I agree with Sen Murray on this.

There are just too many ways to skate out of your tax responsibilities. They all favor the wealthiest Americans.