Business and economics |

Nobody wants a partisan tax blogger. It’s so… impolitic, if you will. So, I’m not going to offer any real commentary about the election on yesterday in terms of winners and losers. You can do your own Wednesday morning quarterbacking.

That said, the face of the House has changed drastically with the loss of 27 seats by the GOP and a pickup of 28 seats by the Dems (the Independents lost a seat). The House now has its first female House Speaker, Nancy Pelosi of California, and she vows that things are going to be different. And what kind of “things” is she talking about? Well, taxes, for one. With a nod to the tax cuts passed under a GOP Congress a few years ago, she said, “We will revisit the tax cuts at the high end in order to give tax cuts to the middle class.”

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