Extenders or Dead-Enders: Congress Faces Decision on Expiring Provisions

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Congress may kick off a tax overhaul by punting on tax breaks.
That appears to be the fate for dozens of tax provisions that expire at the end of 2013, tax lobbyists and analysts told Bloomberg BNA. By letting so-called tax extenders die now, lawmakers begin the process of deciding which of the breaks should be let go permanently in the next year or two.
Some, such as the production tax credit for wind energy and credits for efficient home appliances, are especially vulnerable, industry sources said. Others, such as the research and development credit, are broadly popular and likely to survive in the long run, they said.

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