White House Considers Pre-Midterm Business Tax Breaks Package The Washington Post reports: “With just two months until the November elections, the White House is seriously weighing a package of business tax breaks – potentially worth hundreds of billions of dollars – to spur hiring and combat Republican charges that Democratic tax policies hurt small businesses, according to people with knowledge of the deliberations. Among the options under consideration are a temporary payroll-tax holiday and a permanent extension of the now-expired research-and-development tax credit, which rewards companies that conduct research into new technologies within the United States.”
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=121758