As scheduled, Obama spoke about the economy in Cleveland today. While he formally unveiled the major new incentives and infrastructure projects that we discussed here last night, the big news came when he announced unequivocally that he would not support the extension of the Bush tax cuts for the super-wealthy. The statement was unexpected, as […]
Tag Archives: Peter Orszag
Obama announces economic plan, states he will not renew Bush tax cuts for the super-wealthy
Posted in Corporate Crime, Economics, Politics Also tagged Bush tax cuts, Cleveland, Consumer Financial Protection Bureau, deregulation, Elizabeth Warren, John Boehner, loopholes, middle class tax cuts, Obama, tax loopholes, tax policy, the growing gap between rich and poor, the plight of the overtaxed rich 21 Comments