Las Vegas Sun

March 28, 2024

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Let’s see how GOP reacts to tax plan

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In the proposals that President Barack Obama made Friday, in wanting to bring the nation back from a fiscal cliff, he suggested that the Bush tax cuts for the middle class be extended immediately.

He also continued his plan to raise tax rates for the 2 percent of Americans making over $250,000 like himself. He suggested that their taxes be returned to what they were under President Bill Clinton, increasing their tax rate from 35 percent to 39.6 percent. That’s an increase of 13 percent. Let’s see how Republicans react to this. How can they object to extending the tax cuts for the middle class? Will they continue their fight to prevent the wealthy from paying a little more in taxes? Whose side are they on, anyway? I think those of you who voted for congressional Republicans are going to have an early onset of buyer’s remorse.

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