Big win for Republicans on taxes!

Dec 07, 2010 11:20

President Obama acknowledges the reality of the huge Republican wins in November and not only endorses an extension of the Bush tax cuts but also approves the Republican move to cut payroll taxes by 2%. (And if you remember a payroll tax cut was what I endorsed years ago ( Read more... )

tax cuts, bush administration, congress, democrats, taxes, obama administration, economy, republicans, economic policy

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Comments 3

madamealexis December 7 2010, 16:32:20 UTC
I huge win for the rich.

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izuko December 8 2010, 01:18:18 UTC
Amen to that.

Dear Rich, please spend a lot. You're the only ones who can do it.

Oh, and please adopt me.

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geezer_also December 8 2010, 02:06:42 UTC
The thing that bothers me about the payroll tax deduction cut is I heard on the way home that SS doesn't collect as much as it pays out.

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