Obama presses Congress again to pass his tax plan

[steve2470]

http://www.sfgate.com/news/article/Obama-presses-Congress-again-to-pass-his-tax-plan-3706897.php



WASHINGTON (AP) — President Barack Obama is prodding Congress to "skip the unnecessary drama" and pass his proposal to extend Bush-era tax cuts to families earning less than $250,000 a year but not for those who earn more.

In his weekly radio and Internet address, Obama denounces what he calls "needless delays" and "partisan posturing."

He has been pushing the idea hard all week, but congressional Republicans aren't buying it.

Obama says that will "hold the vast majority of Americans and our entire economy hostage."

[RC]

1. Let them ALL expire. Then fix our tax code. That is where the problem is.

Those on the bottom won't pay income taxes anyway. The extra money the government gets can go to the starved safety net programs, including unemployment, food stamps, low income single parent households.

During the Eisenhower years, the top income tax rate was 93% and nobody starved. In fact we as a nation did pretty good.
The rich live off investments and not their wages anyway.