TAXES: Tax-extenders bill shelved
Legislation that would have extended various tax breaks for individuals died in the Senate last month when the votes needed to pass the bill could not be rounded up to end a filibuster.
Legislation that would have extended various tax breaks for individuals died in the Senate last month when the votes needed to pass the bill could not be rounded up to end a filibuster. Among the many provisions included in the bill (HR 4213) were tax breaks related to state sales taxes, tuition and teacher expenses that would have been extended for one year. According to published reports, the measure likely will be revived at some point this year. For a look at HR 4213, visit thomas.loc.gov.
Learn more about reprints and licensing for this article.
