The looming expiration date of the “Bush Tax Cuts” is fast approaching. The tax cuts are set to expire on January 1st, effectively raising income, estate, and investment taxes across the board on all income levels, and thereby spurring debates among politicians on what to do. President Obama and other Democrats such as Nancy Pelosi are proposing to extend the tax cuts for the middle class only, i.e. to individuals with incomes of less than $200,000 per year or households with less... Read More→