Watch: The push for the tax compromise continues
“Right now, there’s a big debate taking place in Washington that will affect how much you pay in taxes next year. If Congress doesn’t act, tax rates will automatically go up for just about everyone in our country. Typical middle class families would end up paying an extra $3,000.
That’s unacceptable to me. Not when we know that it’s the middle class that was hit the hardest by the recession. And not when we know that taking this money out of the pockets of working people is exactly the wrong thing to do to get our economy growing faster. Economists tell us that this tax hike on working families could actually cost us well over a million jobs.” Source: The White House
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