More on the Middle Class Tax Cut Act of 2010
Senator Max Baucus, Chair of the Senate Finance Committee on Finance, introduced the "Middle Class Tax Cut Act of 2010" which would make the Bush income tax cuts permanent for those making under $250,000 per year.
There may be a vote on the bill today, but it is unlikely to garner much Republican support and will probably fail. Republicans want to extent the Bush cuts for all taxpayers.
