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  • bluecheese4u bluecheese4u Jun 6, 2012 12:50 PM Flag

    Obama will not extend tax cuts, W.H. says

    Obama will not extend tax cuts, W.H. says

    Comments (2)

    By DONOVAN SLACK |
    6/6/12 12:18 PM EDT

    The White House is sticking by its opposition to an extension of the Bush tax cuts for wealthy Americans despite the increasing number of Democrats voicing support for it, including former President Bill Clinton.

    Press Secretary Jay Carney told reporters aboard Air Force One on Wednesday that President Obama will not sign an extension.

    "He will not. Could I be more clear?" Carney said, according to the Associated Press.

    Clinton suggested on Tuesday that the cuts on higher-income earners should be extended temporarily to allow the economy more time to heal. But Obama has repeatedly said he wants them to expire as scheduled at the end of this year.

    http://www.politico.com/politico44/2012/06/obama-will-not-extend-tax-cuts-wh-says-125441.html

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    • It really gets me how Obama thinks everyone that collects dividends is RICH. I prefer to think of it as we are the hard workers who managed to have meager salaries and put the money into growing companies and now he wants to penalize us because we got an education, saved and invested money and now he wants to give it to those who dropped out, had a few illigitimate children (all with different last names) and now we have to pay more so he can give them Food Stamps, welfare, and other give aways.

 
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