Tuesday, June 5, 2012

Bill Clinton says renew all expiring tax cuts temporarily, long-term cuts should exclude rich!


WASHINGTON POST ^ | 6/5/2012 | ap



Former President Bill Clinton says broad tax cuts that expire in January should be temporarily extended, including for the wealthiest Americans, to give lawmakers time to reach a deal on long-term tax reductions that he says should exclude the rich.

Clinton’s comments Tuesday were in contrast to President Barack Obama, whose re-election he Clinton is supporting. Obama has opposed renewing the tax cuts for people earning more than $250,000 a year.

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