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Both the U.S. Senate and the U.S. House of Representatives Jan. 1 passed legislation to permanently extend Bush-era tax policies for most income levels, softening the blow of the fiscal cliff after allowing individual rates to expire for nearly 24 hours.

Both the U.S. Senate and the U.S. House of Representatives Jan. 1 passed legislation to permanently extend Bush-era tax policies for most income levels, softening the blow of the fiscal cliff after allowing individual rates to expire for nearly 24 hours.

The U.S. Senate July 25 voted 51 to 48 to pass the Middle Class Tax Cut Act of 2012 (S. 3412), which, if enacted, would result in a massive tax increase on business income, capital investment and family succession. In addition, the Senate voted 45 to 54 against theABC-supported听Hatch-McConnell Amendment to S. 3412 that would have forestalled the looming fiscal cliff facing America鈥檚 job creators.听

The U.S. Senate July 25 voted 51 to 48 to pass the Middle Class Tax Cut Act of 2012 (S. 3412), which, if enacted, would result in a massive tax increase on business income, capital investment and family succession. In addition, the Senate voted 45 to 54 against theABC-supported听Hatch-McConnell Amendment to S. 3412 that would have forestalled the looming fiscal cliff facing America鈥檚 job creators.听

Jerry Gorski, president of Gorski Engineering, Inc.,听Collegeville, Pa., was featured in a video by U.S. House of Representatives听Majority Whip Kevin McCarthy (R-Calif.) titled, 鈥淭his is Small Business.鈥

Jerry Gorski, president of Gorski Engineering, Inc.,听Collegeville, Pa., was featured in a video by U.S. House of Representatives听Majority Whip Kevin McCarthy (R-Calif.) titled, 鈥淭his is Small Business.鈥

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