Someone posted, "As a reminder, unless Congress acts before year-end, future dividends will be taxed as ordinary income."
This is not true, no matter how many times this gets said (mostly by Republicans). Without getting into the idiological disputes surrounding this issue, let me say that year end is not some kind of irrevocable deadline for changing this. In fact, for political reasons, Democrats intend to delay making any changes to the tax code until after year end. [more]
The Republicans better come up with a positive message for the future with specific recommendations, or they are dead meat for November.
Simply screaming "failed leadership" won't cut it.