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Senate Finance Committee chairman Max Baucus said he hasn’t decided whether President George W. Bush’s tax cuts for the wealthiest earners should be allowed to lapse as scheduled after 2010.
“I do not have a strong view on that yet,” Baucus, a Montana Democrat, said during a news conference Wednesday in Washington to discuss his tax, trade and health-care agenda for 2009.
Baucus’ stance contrasts with President-elect Barack Obama, who has said he wants to let the top two rates, now 35 and 33 percent, return as scheduled to their prior levels of 39.6 percent and 36 percent.
