Image uploaded from a quicklink (Image by Unknown Owner) Details DMCA | President Obama on Monday proposed a one-year extension of the George W. Bush-era tax cuts for people making less than $250,000 a year, his latest election-year effort to appeal to middle-class voters by resuming a long-standing debate over tax fairness. Obama said that Republicans believe that the best way to build the economy is to give tax breaks to the wealthy, and he charged that "top-down economics" during the Bush era helped lead to the economic recession. |