“Taxes could go up, down or completely sideways next year, depending on which political party controls which parts of the government after the too-close-to-call November elections,” the Wall Street Journal reports.
“With the House, Senate and White House all in play, trillions of dollars ride on a few hotly contested seats. Lawmakers, analysts and investors are busily gaming out scenarios, trying to understand how the next Congress might handle expiring tax cuts and other fiscal debates.”
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