Argument: Ending Bush tax cuts on rich still keeps cuts for 95%

Issue Report: Expiring Bush tax cuts for the wealthy in 2010


Robert Creamer. “Why Congress Must End Bush Tax Breaks for the Rich.” Huffington Post. July 28th, 2010: “President Obama has proposed to eliminate the massive deficit-busting Bush tax breaks for the top 2 percent of Americans — while maintaining tax cuts for 95 percent of Americans. He is spot on. […] The Bush tax breaks are set to expire at year’s end, so there is real pressure on Congress to act. Congress should maintain the cuts for individuals earning $200,000 or less, and families earning $250,000 or less. And it should restore the Clinton-era tax rates to the very rich. […] It is the right thing to do economically, politically and morally.”