Thoughts of more Taxation!?

Intricate and in depth debates being done by the Reduction Commission of the Obama administration try and get a final and binding vote to the new spending cuts and TAX INCREASES! But no need to get frantic just yet, Obama is having a large amount of difficulty getting the Republicans and even some of his fellow Democrats to come into agreeance with his idea. To extend the Bush-era tax cuts is the big question. But this decision becomes critical because if they decide to do away with Former President Bush tax cuts, this will be a huge test on how well both sides can work together to form a new political order. According to one Democratic senator who did not want to be identified,“Now it is all about what Democrats can get,” in regards to talking about the prospect of the White House and Congressional Democrats conceding on extending the tax cuts for affluent Americans. This clash over taxes and government spending are defining the early stages of the post-election maneuvering in Washington and seem likely to remain in the forefront as the 2012 presidential campaign heats up next year!