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View Diary: Obama will issue Super Congress veto threat: No deal without new revenues (311 comments)

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  •  Bush Tax Cuts... (0+ / 0-)

    If I am reading this synopsis correctly and it accurately reflects what Obama said...he is willing to extend the Bush Tax Cuts again? Don't like the sound of that

    "but if tax reform cannot be enacted, then the Bush high-income tax cuts should be expired."

    •  Bush tax cuts, explained (0+ / 0-)

      We have to remember that the Bush tax cuts aren't just cuts for the wealthy.  Middle class Americans have gotten a very nice tax reduction because of those cuts.

      I'm thinkin' Obama is wanting to extend the lower income Bush-era cuts while ending those for people over $250,000.  At least, that's how I see him operating on this.

      - If you don't like gay marriage, blame straight people. They're the ones who keep having gay babies.

      by r2did2 on Mon Sep 19, 2011 at 08:23:40 AM PDT

      [ Parent ]

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