Obama is open to discussing an extension of the Bush tax cuts for all income levels, White...

|By:, SA News Editor

Obama is open to discussing an extension of the Bush tax cuts for all income levels, White House's Robert Gibbs says, while adding that "making those tax cuts for the upper end permanent is something that the president does not believe is a good idea." Such an extension would blunt year-end tax-selling of stocks, a trader says.