“Rebalancing the Tax Code,” aka: Taxing the Rich

    Obama plans to ask Volcker, Goolsbee and the panel for a package of recommendations to be on his desk Dec. 4…

    There will be two restrictions imposed on the tax review task force, Gavin said. There should be no increase in taxes on families earning less than $250,000 per year, and taxes should not be increased in 2009 or 2010, he said.

    Continuing the tax cut beyond 2010 “remains a major pillar of the president’s budget,” Gavin said.

Article

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: