Republicans promised to press ahead with more tax relief, possibly including cuts in capital-gains taxes, energy tax breaks, a package of cuts for small business to accompany an increase in the minimum wage and extension of several provisions that expire this year. CBS News Correspondent Aleen Sirgany reports from Washington. Tax relief is now on the way.
Today is a great day for America.
When taxpayers should generally expect to receive tax refund checks based on the last two digits of their Social Security numbers, according to the Internal Revenue Service. The IRS says taxpayers need only wait for the mail and need not take any other action. They contend it remains unfairly tilted toward the wealthy, even though several provisions were added by Senate moderates to benefit lower-income people. Democrats now control the Senate, due to Vermont Sen. James Jeffords' switch from the GOP to independent. I just know that at some point, that reality is going to come crashing down on all of us, and we're going to have to deal with it.