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Republicans Split Over Abroad Tax Hike Amid Bush Plan
Senate Republicans push a $72 billion ten year tax rise to fund a larger package while closing foreign tax breaks, notably ending a provision that lets Americans abroad avoid taxes on up to $80,000 in wages. House Republicans condemn the move, urging spending cuts instead, as GOP leaders resist tax increases. Grover Norquist criticizes the approach.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
White House
Grover Norquist
Americans For Tax Reform
Bush
GOP
IRS
Treasury
Mark Foley
Florida
Ron Lewis
Foley
Capitol
Dennis Hastert
Ill
Tom DeLay
Texas