Why do you commenters continuously post without any basic knowledge?
The “Bush” and now “Obama” tax cuts had 2 sections. Overall, tax increases for EVERYBODY. Obama said lets allow the increases for those earning over $250,000 but stop them for those earning less. If the entire bill is not passed more new money will come in from the <$250,000 earners than from the >$250,000. Totally unacceptable to Obama.
The Republicans said fine repeal the cuts for everybody. We will vote for that. Obama caved just exactly like the Republicans knew he would.So you posters have to decide do you want those earning <$250,000 to have major tax increases or have no tax increases for anyone. Those are your only 2 options.
Why do you commenters continuously post without any basic knowledge?
The “Bush” and now “Obama” tax cuts had 2 sections. Overall, tax increases for EVERYBODY. Obama said lets allow the increases for those earning over $250,000 but stop them for those earning less. If the entire bill is not passed more new money will come in from the <$250,000 earners than from the >$250,000. Totally unacceptable to Obama.
The Republicans said fine repeal the cuts for everybody. We will vote for that. Obama caved just exactly like the Republicans knew he would.So you posters have to decide do you want those earning <$250,000 to have major tax increases or have no tax increases for anyone. Those are your only 2 options.