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President Obama, Congress and taxes
President Obama continues to call upon Congress to pass an extension of the middle class tax cuts.
Mon, Jul 16 2012 at 12:35 PM
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Although it is only mid-July, the Obama administration is looking towards the end of 2012 when the Bush-era tax 
cut extensions expire. President Obama is asking Congress to act now and extend the tax cuts for families that make less than $250,000 per year. Acting now can help taxpayers avoid the stress and confusion that comes with uncertainty about tax hikes come the new year.
cut extensions expire. President Obama is asking Congress to act now and extend the tax cuts for families that make less than $250,000 per year. Acting now can help taxpayers avoid the stress and confusion that comes with uncertainty about tax hikes come the new year.
Photo: Tax Credits/Flickr
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