Certainty: taxes will change, whether it's Obama or McCain
McClatchy NewspapersJuly 24, 2008   WASHINGTON — Regardless of
who wins the White House in an election where everyone talks
about change, there's one change America can count on: taxes.
The next president and Congress will agree to extend some or all
of those tax cuts while also cutting or raising other taxes — or
else political gridlock will stymie agreement, the tax cuts will
expire, and tax bills will go up for almost everyone.  "It is a
unique moment," said Robert Reischauer, a former director of the
Congressional Budget Office. "Something has to happen."    They
both want to extend the Bush tax cuts for those making less than
$250,000 — mainly the $1,000 per child tax credit, lower income
tax rates and elimination of the marriage penalty.  "There's a
good chance that whoever the next president is, the Congress
will agree to extend the middle class tax cuts," said Leonard
Burman, director of the Tax Policy Center, a joint operation of
the Urban