Working Economics Blog.
An Orbitz-style online insurance marketplace?
Jul 09, He supports extending the Bush tax cuts for all, since the only way to win Republican support for the extensions is to include the break for the upper-income taxpayers. Jul 09, US elections Barack Obama calls on Congress to extend Bush tax cuts President wants extension of cuts for people making less than, as he attempts to Estimated Reading Time: 10 mins.
Nov 23, When people refer to President Obama's tax cuts, they generally refer to thebillion tax cut deal signed in It extended the Bush tax cuts through and unemployment benefits through It cut payroll taxes by 2 percentage points, addingbillion to workers' spendable income. It extended a college tuition tax stumpclear.barted Reading Time: 8 mins.
He blamed a political stalemate in Congress for the failure to take decisive steps toward addressing rising deficits and other economic issues, saying he and Democrats disagreed with what he called top down policies of Republicans who favor tax cuts for the wealthiest Americans.
Dec 17, President Obama, joined by Vice President Biden, speaks before signing a compromise bill that extends the Bush-era tax cuts for all Americans, December 17, Estimated Reading Time: 5 mins.
Jan 07, They were extended by President Obama through so as to not raise taxes during the recession/weak recovery; additionally, in exchange for extending them two years, Obama was able to negotiate the payroll tax holiday and the extension. Jan 03, The American Taxpayer Relief Act of (ATRA), which President Obama signed into law last night, makes permanent 82 percent of President Bush’s tax cuts.
The Joint Committee on Taxation (JCT) and Congressional Budget Office estimate that making permanent all of the Bush tax cuts would have costtrillion over Estimated Reading Time: 4 mins.
Jul 11, After a protracted debate, Congress and President Obama agreed at the end of to extend the Bush tax cuts for two years, and They allowed the Making Work Pay Credit to expire but replaced it with a payroll tax “holiday” which reduced Social Security payroll taxes paid inand this was eventually extended through