Tax Writers Caution That Raising Revenue Now Could Hurt Tax Overhaul Later

The chief Republican tax writers in Congress are warning that Democratic attempts to raise revenue as part of a deficit reduction package could threaten a comprehensive tax code overhaul.

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Senate votes to repeal tax credits for ethanol

The Senate has voted to repeal tax credits for producing ethanol, a vote that budget cutters hope will demonstrate a growing appetite in Congress to end special interest tax breaks to help reduce government borrowing.

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Your tax questions answered: Write-offs

Late last year you caught a break. Congress reached a deal that extended the Bush-era tax cuts for two years and renewed perks like the sales tax deduction and the tuition write-off for non-itemizers.

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Estate Tax Will Dwindle Under Tax Cut Package

The tax legislation passed by Congress means fewer wealthy people will have to pay an estate tax in 2011, but planning is still necessary.

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Tax deal seen passing despite cost concerns

President Barack Obama's bipartisan tax plan headed toward its first test in Congress on Monday as a major Wall Street firm warned that the damage to America's strained finances would outweigh any short-term economic boost.

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Tax cuts to top lame ducks’ to-do list

The expiring Bush-era tax cuts, an extension of unemployment insurance and funding the federal government will top lawmakers’ lists when they return next week for a ‘lame duck’ session of Congress

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Expiring Bush Tax Cuts

Tax cuts enacted in 2001 and 2003 are to expire in January unless Congress renews them.

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Obama: End tax breaks to stop overseas hiring

End tax breaks that reward some U.S.

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Big ‘If’: Tax HikesRest on Congress

SPECIAL: If Congress allows Bush-era tax cuts to expire, New Year's Day will usher in the nation's biggest tax increase since the end of WWII, tax watchdog says, and that may be only the beginning | VIDEO OPINION: Buck Up, Obama Full Coverage: Bush-Era Tax Cuts

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Tax cuts that are expiring

Tax cuts enacted in 2001 and 2003 are to expire in January unless Congress renews some or all of them. The cost of extending them by a decade: nearly $3 trillion.

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