Flanked by supporters handpicked to represent the taxpayers — 98 percent of households and 97 percent of small businesses,
"These tax cuts for the wealthiest Americans are also the tax cuts that are least likely to promote growth,"
"We don't need more top down economics," he said. "We have tried that theory. We have seen what happened. We can't afford to go back to it."
House Republicans plan to vote this month to extend for a year all of the Bush tax cuts, for middle- and upper-income people alike. Most Democrats have said they would support an immediate extension, except for the wealthiest taxpayers in the highest brackets. Their taxes would go back up to the levels of the Clinton administration.
Conceding that the ultimate resolution of what has already been a long debate over extension of the Bush-era tax cuts "will be decided by the outcome of the next election,"
But by calling for an extension for just a year,
From their stronghold in the House, Republicans plan to vote this week to repeal Mr. Obama’s health care law, hoping to energize their base even though they know that the campaign to abolish the law, which the
“You know, what we ought to be doing is extend the current tax rates for another year with a hard requirement to get through comprehensive tax reform one more time,” the
The struggle to frame the tax debate comes as the campaign moves into a period, only four months before the election, when the perceptions of voters begin to harden. Polls show a persistently tight race, with
To find a compromise with Republicans on which Bush tax cuts to extend, Ms. Pelosi, the House minority leader, and
Administration officials said they did not believe that the difference between the
Proposing a one-year extension, a senior official said, recognizes that
“To the degree that there is concern about the economy, we’re saying, ‘Let’s extend the middle class tax cuts for a year,’ ” said
A one-year extension for people making under
“If it means increasing my premiums, so be it,” he said. “That’s what insurance is about.”
Mr. Romney’s supporters on the Sunday talk shows hammered away at the idea that
On Friday, however, when the latest poor jobs number was reported,
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