By Richard Cowan

Reuters

June 28, 2011

Steve Bell, senior director of the Bipartisan Policy Center's economic policy project, said he recently attended a meeting of tax specialists who work for private firms.

"What was interesting was the ferocity of various businesses against closing tax expenditures or loopholes," Bell said in a telephone interview.

With such staunch opposition, "You're not going to get any significant (tax) reform," said Bell, a former Republican aide to the Senate Budget Committee. "They'll kick the can down the road until after 2012. The only big fight next year will be on the Bush tax cut expiration."

Read the full article here

---

Economic Policy Project