Closure on Bush Tax Cuts Could Come Today

The long wait to know what the tax landscape will look like in 2011 could end today.  The U.S. House is expected to vote on an extension of the "Bush Tax Cuts."  The Senate approved the extension yesterday by a vote of 81-19.  Iowa's Senators were split on the measure, with Republican Charles Grassley voting for it, and Democrat Tom Harkin voting against it.  In addition to extending the Bush-era tax rates, the measure also includes other tax provisions such as another "patch" to the Alternative Minimum Tax.