President Obama used his weekly Presidential address to call on Congress to “do the right thing” on the expiring Payroll Tax issue. The tax extension recently agreed to is set to expire at the end of February. … at the end of the month, taxes are set to go up on 160 million working Americans.… Continue reading President Obama Reminds Us – No Action In Congress Could Raise Your Taxes This Month
Tag: payroll tax cuts
Boehner Surrenders – Bad Politics Caused House Republicans To Cave On Payroll Tax Cuts
Chalk this one up as a win for the hard-working middle class families. Earlier today, John Boehner, under excruciating pressure from members of his own party, caved and agreed to the payroll tax cut bill the Senate passed last week – a move that would save American families $1000.00 a year. It was the kind of pressure that… Continue reading Boehner Surrenders – Bad Politics Caused House Republicans To Cave On Payroll Tax Cuts
President And Democrats Give Up The Call For Millionaire Tax Hike
Here we go again. In another effort to negotiate in good faith with Republicans and get some agreement on extending the payroll tax break, CNN is reporting that President Obama and the Democrats will drop the millionaire surtax the President has called for over the last few months. In what would be a major concession,… Continue reading President And Democrats Give Up The Call For Millionaire Tax Hike