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I might feel differently if we were still in surplus.

Jul 09, United States Senator. Sounding every bit like the candidate he is, President Barack Obama called Monday for a one-year extension of Bush-era tax cuts on annual income up to, while letting those that chiefly benefit the very wealthy expire on schedule at year's end.

The proposal reignited an election-year fight designed to polish his Estimated Reading Time: 7 mins. Jul 09, Sounding every bit like the candidate he is, President Barack Obama called Monday for a one-year extension of Bush-era tax cuts on annual income up to, while letting those that chiefly benefit the very wealthy expire on schedule at year's shrubdelimbing.buzzg: Fullerton CA. Nov 28, Obama’s real bargaining leverage now is that when the Bush tax cuts expire at the end of December, America’s wealthiest will take the biggest hit.

The highest marginal income tax Estimated Reading Time: 3 mins. Jul 09, President Obama called on Congress to let the Bush tax cuts for the wealthiest Americans expire.

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Under the “trickle-down” theory, the economy slowed and jobs were lost. Joe Conason, Editor-in Missing: Fullerton CA. Can Obama let the Bush Tax Cuts expire but then have the Senate pass the middle class tax cuts for another 10 years using reconciliation?

Close.

4 4. Posted by 10 years ago.

Mitt Romney.

Archived. Can Obama let the Bush Tax Cuts expire but then have the Senate pass the middle class tax cuts for another 10 years using reconciliation? 5 5. comments. shrubdelimbing.buzzg: Fullerton CA.