Republicans may compromise on tax

WASHINGTON – A senior Republican said yesterday his party could compromise on taxes as part of a broad budget deal.

WASHINGTON – A senior Republican said yesterday his party could compromise on taxes as part of a broad budget deal.

Ahead of a meeting with US president Barack Obama, House Republican leader Eric Cantor said Republicans could break an impasse over taxes that has held up a deal to avert an early August default. Observers said Mr Cantor’s remarks were a positive sign. – (Reuters)

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