Why is Obama using tax cuts to jump start the economy?
Aren’t tax cuts a purely republican strategy?
Didn’t Reagan аnd Bush both υѕе extensive tax cuts tο boost thе economy аt thе beginning οf both οf thеіr first terms?
Hаѕ Obama gone "Reagan" οn υѕ?
RR and Dub lowered taxes on only the rich, our prez elect is going to lower taxes on all the American people who pay taxes.
What have many rich people and businesses griped about these last few years? Tax cuts
OWNED
I`m Barrack Obama, and it`s time for a change.
Isn`t it amusing as soon as Barrack Obama has been elected their has been predictions of the world ending in 2012, just around the time, when his presidency could be up, but the course of his actions in the 4 years could be what is causes the world to end.
The Bush Administration gave Tax Cuts only to their very rich pals to the detriment of the working classes.
Obama wants to right that injustice by giving Tax Cuts to the people who
did not receive them under Bush.
I reckon the theory is that two wrongs will make a right?!?
The tax issue should be more about economics than politics. The truth of the matter is that the more money that people have in their pockets (rich and poor alike), the more they are willing to spend. When people start spending money, the economy becomes healthy and jobs are made. But this only works if the tax cuts are real. When the rich have a lot of money to spend, they obviously effect the economy more than a bunch of us who can barely afford gas in our cars. But the poor people need to be able to spend money too. So, an effective tax cut is one that allows everyone to keep more of what they’ve earned.