Food Retailers See Benefits From Late-Year Legislation

WASHINGTON — A flurry of late-year legislative activity brought some welcome news to retailers, including long-awaited clarity on the estate tax, extensions of both Bush-era tax cuts and unemployment benefits, and passage of food-safety reform. Now retailers are hoping that the other shoe drops in the form of permanent repeal of the tax cuts and a long-term solution for the estate tax. We are glad for

WASHINGTON — A flurry of late-year legislative activity brought some welcome news to retailers, including long-awaited clarity on the estate tax, extensions of both Bush-era tax cuts and unemployment benefits, and passage of food-safety reform.

Now retailers are hoping that the other shoe drops — in the form of permanent repeal of the tax cuts and a long-term solution for the estate tax.

“We are glad for the extension of the tax cuts for two years, and we wish it were p

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