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47 Dems Urge Pelosi to Extend Bush Tax Cuts

Wednesday, 29 Sep 2010 09:41 AM

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Forty-seven House Democrats have told Speaker Nancy Pelosi that they want tax rates on capital gains and dividends maintained at the current level of up to 15% for all earners. The strong sentiment was featured in a letter by the group to Pelosi and is the latest in-house uprising against allowing Bush-era tax breaks to expire for families making more than $250,000 and extending them for middle-income earners, according to a WSJ.com report .

47, democrats, pelosi, tax-cutsEarlier, another flock of Democrats sent another letter to the Speaker, touting a temporary extension of all the tax breaks for ordinary income.

Meanwhile, House Democratic leaders seem unlikely to seek a floor vote on extending just some of the tax breaks before Congress goes to recess.


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