President Obama, in response to comments made by senior advisor David Axelrod, clarified that he did not endorse a full extension of the expiring tax cuts. Axelrod's comments to the Huffington Post were interpreted as a willingness of the Obama administration to accept extending tax cuts for all income levels. In clarifying Obama said "I want to make sure that taxes don't go up for middle-class families starting on January 1."
See "President Obama Lays Out His Priorities on Tax Cuts," found at http://www.whitehouse.gov/blog/2010/11/12/president-obama-lays-out-his-priorities-tax-cuts.
Posted by James G. Haskell, Senior Associate Editor, Wealth Strategies Journal.
See "President Obama Lays Out His Priorities on Tax Cuts," found at http://www.whitehouse.gov/blog/2010/11/12/president-obama-lays-out-his-priorities-tax-cuts.
Posted by James G. Haskell, Senior Associate Editor, Wealth Strategies Journal.
Leave a comment