WITH A HANDFUL of exceptions, every Republican member of Congress has signed a pledge against increasing taxes. Would allowing the Bush tax cuts to expire as scheduled in 2012 violate this vow? We posed this question to Grover Norquist, its author and enforcer,and his answer was both surprising and encouraging: No. In other words, according to… Continue reading Grover Norquist Is Okay With Allowing The Bush Tax Cuts To Expire
Tag: Expire
President Obama Wants to End The Bush Tax Cuts on The Wealthy This Year
President Obama wants to end the George W. Bush tax cuts for the wealthy when they expire this year, aides said today. “He will not support extension of the upper income Bush tax cuts,” said White House press secretary Jay Carney. “He could not be more clear,” Carney added. The comments came as former president Bill… Continue reading President Obama Wants to End The Bush Tax Cuts on The Wealthy This Year