Obama Wants Tax Cut For 98% Of America

[Charleston Chew]

Run time: 03:45 https://www.youtube.com/watch?v=c3uptxNtIag   Posted on YouTube: November 06, 2010 By YouTube Member: UpTakeVideo Views on YouTube: 303   Posted on DU: November 06, 2010 By DU Member: Charleston Chew Views on DU: 533

 
As Congress prepares to focus on taxes when it returns to work later this month, President Obama calls on both parties to work together and focus on the areas where all sides agree. First, the President underscores that middle-class families need permanent tax relief, so Congress should permanently extend tax cuts for all families making less than $250,000 a year -- 98 percent of the American people. And second, he notes that, with the nation's challenging fiscal situation, the country simply cannot afford to borrow another $700 billion on permanent tax cuts for millionaires and billionaires.

[Xipe Totec]

1. Actually, it's a tax cut for 100% of Americans, on their first quarter million of income. nt

[madmax]

2. Hate these damn videos

Thank you President Obama for requiring that they all be CC. I can't wait! :bounce: I should thank Poppi bush for ADA which made it law that all TV's produced after a certain year contain CC capability.

[DeadManInc]

3. needs to be dropped down to $100,000

[denimgirly]

4. Here's hoping Obama gets Guts in the Next 2 Years --We all know the top 2% will get the cuts

[Kablooie]

5. The GOP wants Tax Cuts for only 2% of America.

As long as the wealthy get tax cuts, they are happy.