Skip to content

Congressional Dems Get on Board With Obama’s Tax Message report: National Journal

by on 07/11/2012

The Democratic Party is lining up to push President Obama’s decision for a restoration of some pre-Bush tax rates, in fact adopting Clinton’s tax moves that produced the last budget surplus seen in this country.

Discussion seems to indicate the present lowered rates to stay in affect for earners under about the $250,000 level to stimulate consumption and the economy while those with higher incomes would have real rates restored.

This added revenue of course is an essential piece of any rational policy to reduce the deficit.

http://www.nationaljournal.com/congress-legacy/congressional-dems-get-on-board-with-obama-s-tax-message-20120710

Advertisements
Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: