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Obama Administration Misleads the Country on Tax "Cuts"

Dose of Reality Wrote: Nov 20, 2012 9:28 AM
so what do you call a tax cut that actually leads to MORE revenue for the treasury?

The White House is promoting the extension of the Bush Tax Cuts for the middle class (which should really be called the Obama-Bush Tax cuts, since Obama extended them in 2010) as exactly that, tax cuts. But the truth is, an extension of the tax cuts wouldn't be a cut at all, but would keep tax rates at the current rate. The Obama admnistration is implying on the official website that a tax cut is coming for the middle class when in reality if a deal is made by January 1, middle class families won't see a tax...