Wednesday 8 September 2010

No Tax Cut Extension for Wealthiest Americans-NY Times Reports That Obama Will Oppose Extending Bush-Era Tax Cuts for the Wealthy


Obama seals his fate!

I was hoping he wouldn’t extend the Bush tax cuts. Not because I agree with his big government can solve all problems philosophy, but because it gives the Republicans more firepower against him in the upcoming mid-term elections.

Thank you, Mr. President for being you,

President Obama will announce in a speech on Wednesday that he will oppose any compromises that extend the Bush-era tax cuts for the wealthy beyond the end of this year, the New York Times reported Tuesday.

Obama really doesn’t understand that rich people are the ones who create jobs, not the government.

I hope he still fails to understand this for the next 2 years.

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