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O Offers Up Tax Cut
The White House is weighing the idea of a tax cut that it believes would lift Americans' take-home pay and boost a still-struggling economy, according to people familiar with the administration's thinking, as the presidential candidates continue battling over whose tax policies would do more for the country.
But the evil Romney will only cut taxes for the rich!
He can propose a new tax cut in the last week of October, huh? Wonder what the shelf life will be for that if Champ manages to win...
Any new tax cut would require congressional approval after the election. Administration officials have said in the past that the payroll tax cut should be allowed to expire at the end of the year, and the White House has not said publicly whether it is considering an alternative.
Posted by: Bobby 2012-10-27
http://www.rantburg.com/poparticle.php?ID=354775