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: , , ,

Sign up for the Daily Update email

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…

  • The inspiring Hillary Clinton

    Hillary Clinton's campaign for president illustrates again the double standard applied to women. Some writers get it. They even find the supposedly unlikable Clinton inspiring.
    • Oct 16, 2016
  • Antwan Phillips wants to make a difference in reducing Little Rock violence

    KARK/Fox 16's push to do something about Little Rock violence includes a spotlight on people trying to make a difference — in this episode Antwan Phillips, a lawyer at Wright, Lindsey and Jennings.
    • Aug 30, 2017
  • UPDATE: Hutchinson moves to cover himself on cut to War Memorial Stadium

    Gov. Asa Hutchinson apparently felt the burn from KARK's exclusive Tuesday night on his plans to cut state support of War Memorial Stadium in half beginning July 1, 2018. He has a so-far secret plan to make the stadium self-sustaining. We bet that doesn't include state support.
    • Oct 20, 2016

Most Recent Comments



© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation