Tag Archive for income tax

The Obama Tax Cuts

President Obama- Costa Mesa 3/16/09

President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 on Friday preventing the Bush tax cuts from expiring for anyone. Progressives, like Paul Krugman and Huffington Post writers, have derided this compromise. To the liberal base, this Act is, in effect, the equivalent of what Bush’s immigration reform was to his base.