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OPINION

GOP May OK Taxes in Super Committee

Townhall Staff
Townhall Staff | Nov 16, 2011
The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Republican leaders have started laying the groundwork to persuade GOP lawmakers to support a compromise on a tax increase, an issue that has deadlocked a congressional super committee pressed to come up with a deficit-reduction plan by next week. Republicans would allow $250 billion in new tax revenue over 10 years, largely by limiting itemized deductions for upper-income households, in exchange for freezing top income tax brackets at current levels instead of allowing them to rise when the Bush-era tax cuts expire at the end of 2012.
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