Tax cut politics | Arkansas Blog

Monday, July 9, 2012

Tax cut politics

Posted By on Mon, Jul 9, 2012 at 6:23 AM

The tax cut battle shapes up.

New York Times reports that President Obama will call today for a one-year extension of Bush tax cuts only to those with taxable incomes of less than $250,000. Some top Democrats want to make the cap $1 million. Republicans, of course, want all the wealthy to benefit from the tax cuts forever. They've been so successful at lifting job creation, after all.

Bottom line: More deadlock.

Speaking of the economy and the loss of middle income jobs, if you're looking for a real downer this morning, read this.

Tags: , , ,

From the ArkTimes store

Favorite

Comments (11)

Showing 1-11 of 11

Add a comment

 
Subscribe to this thread:
Showing 1-11 of 11

Add a comment

More by Max Brantley

Readers also liked…

  • Judge anticipates punishment of lawyers in Fort Smith class action case

    Federal Judge P.K. Holmes of Fort Smith issued a 32-page ruling yesterday indicating he contemplates punishment of 16 lawyers who moved a class action lawsuit against an insurance company out of his court to a state court in Polk County after a settlement had been worked out.
    • Apr 15, 2016
  • Baseball fans have a new place to stay

    If you missed out on Razorback baseball home games this year because you couldn’t find a great place to stay, your problem is now solved: Staybridge Suites of Fayetteville is now fully renovated and located directly across from Baum Stadium, with free parking for hotel guests.
    • May 22, 2017
  • John Goodson and others add lawyers for hearing on forum shopping

    Lawyers facing federal court sanctions for forum shopping a class action insurance case have brought in new legal guns from out of state to fight potential sanctions.
    • May 26, 2016

Most Shared

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation