What Republicans Are Ignoring About Tax Cuts
The President summed it up:
“Under my plan, 97 percent of small business owners would avoid getting hit with any income tax hike whatsoever. In fact, I’ve cut taxes for small businesses eighteen times since I’ve been president. And just this week, I ordered a series of new steps to help our small businesses grow and hire,” Obama said.
“The only place we disagree is whether we keep giving tax cuts to the wealthiest 2% of Americans. Republicans in Washington want more of those tax cuts. With the deficit we have, I don’t think we can afford them,” the president said.