McCain wants to retain all of the tax cuts that Bush won from Congress in 2001 and later years, reductions that applied at every level of income. Obama favors retaining Bush-era cuts except on taxpayers making more than about $250,000, whose taxes would revert to higher levels in effect a few years ago.
Isn't it clear that neither candidate will have the luxury of keeping taxes low in this meltdown, unless they do it at the expense of a greater debt and a greater burden on future generations?
Isn't it clear that neither candidate will have the luxury of keeping taxes low in this meltdown, unless they do it at the expense of a greater debt and a greater burden on future generations?
Would you like to comment?
Join Diigo for a free account, or sign in if you are already a member.
Public Stiky Notes
Would you like to comment?
Join Diigo for a free account, or sign in if you are already a member.