The election results, while no surprise, have pretty much left us where we were in terms of tax policy, according to Roger Harris, president of Padgett Business Services.
Much needs to be done before the end of the year and the same people are in charge, he indicated. The only positive is that we are as far away from the next election as we will ever be. The results do seem to make it more likely that tax rates will be raised on high-income taxpayers, though the House Republicans have promised they will not allow that to happen. But something must be done, or taxes will go up on everybody and nobody wants that to happen.
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