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Tax Cuts For The Rich Topics

House takes symbolic vote on taxes as talks go on

The House of Representatives, in the waning days of Democratic control, passed an extension on Thursday of Bush-era tax cuts for the lower and middle classes in a symbolic vote that would let tax cuts for the wealthiest expire.

Obama opposes permanent tax break for wealthy: aide

President Barack Obama will not go along with a permanent extension of tax cuts for the wealthiest, presidential adviser David Axelrod said on Sunday, without closing the door to a temporary continuation.

Report of tax cut compromise roils Dems

Democratic activists Thursday sharply criticized White House officials after a published report indicated that President Obama is likely to back a temporary extension of tax cuts for households with income over $250,000 a year.

Democrats and Republicans jockey over tax-cut vote

Top Republican and Democratic officials skirmished on Sunday over the timing of a vote on extending tax cuts, seeking an edge ahead November congressional elections likely to be dominated by job anxiety.

No tax cut vote before election: Democrat

The Senate will not vote on renewing Bush-era tax cuts before the November 2 elections, a spokesman for the Majority leader said on Thursday, as Democrats face internal divisions and potential Republican obstacles.

Democrats divided on Bush-era tax cuts vote

Democrats cannot decide whether to hold a vote on extending tax cuts, as some lawmakers fear the issue could hurt their re-election chances in November.

GOP seeks distance from Boehner

GOP colleagues of House Minority Leader John Boehner are distancing themselves from the Ohio Republican's recent remarks that he would support President Obama's tax proposal.

Boehner would back U.S middle-class tax cuts alone

The top Republican in the House said on Sunday he would support an extension of tax cuts for middle-class Americans even if tax cuts for the wealthy are allowed to expire.

Senh: This is progress. It seems like common sense. Give tax relieve to people who need it. The rich don't need more money.

GOP Proposes Renewing Tax Cuts, Freezing Spending

House Republican Leader John Boehner (BAY'-nur) is proposing a two-year freeze on all tax rates and a cut in government spending to the levels of 2008, before the recession hit. In a broadcast interview, the Ohio Republican offered an alternative to ...

Senh: Rich people don't need anymore money.

Analysis Looks at Effect of Letting Tax Cuts Lapse for Rich

Taxes would not rise for 98 percent of American households under the president’s plan; those earning $1 million or more would pay an average $100,000 more than they are now.

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