Monday, July 11, 2011

Review & Outlook: Taxes Upon Taxes Upon . . . - WSJ.com

Review & Outlook: Taxes Upon Taxes Upon . . . - WSJ.com: "So the fondest Washington hopes for a grand debt-limit deal have broken down over taxes. House Speaker John Boehner said late Saturday that he couldn't move ahead with a $4 trillion deal because President Obama was insisting on a $1 trillion tax increase, and the White House quickly denounced House Republicans for scuttling debt reduction and preventing 'the very wealthiest and special interests from paying their fair share.'"

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