Democrats bow to Wall Street, saving tax break for billionaires

The Democratic Party leadership in the US Senate has effectively killed proposals put forward earlier this year to close a tax loophole that allows billionaire managers of hedge and private equity funds to enjoy tax rates on their income that are far lower than those imposed on average American workers.

http://www.wsws.org/articles/2007/oct2007/hedg-o10.shtml



Millions of Americans in Economic Battle to Make Ends Meet

While families at the top of the income ladder have seen their incomes rise faster than inflation, those in the middle and bottom have seen theirs fall.

http://www.alternet.org/workplace/65110/


From Information Clearing House



http://freepage.twoday.net/search?q=tax+break

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