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The Late Edition: November 19, 2012

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Today’s Taxpayer News!

NTU’s Pete Sepp discusses the lame-duck Congress and what they ought to be doing in the last weeks of their term in this Washington Times op-ed.

The tax hikers are ready for the “fiscal cliff” battle:

House Minority LeaderNancy Pelosi statesthat a deal cannot be struck to avoid the “fiscal cliff” without including tax hikes to “bring in revenue.”

New York Times economist Paul Krugman reminisces about the 1950’s-style 91% tax rate on the top income bracket.