You never know what changes to the tax code will pass, especially since it has to get by congress. I don't believe that Obama will make any significant tax cut, he's always voted for tax increases. I think he is just trying to get votes, then he'll say he had to deal with congress when taxes go up.
As far as I know, if they do nothing about extending the Bush tax cuts, most people's taxes will go up. Very easy for a democrat congress and president to accomplish.
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You never know what changes to the tax code will pass, especially since it has to get by congress. I don't believe that Obama will make any significant tax cut, he's always voted for tax increases. I think he is just trying to get votes, then he'll say he had to deal with congress when taxes go up.
As far as I know, if they do nothing about extending the Bush tax cuts, most people's taxes will go up. Very easy for a democrat congress and president to accomplish.
Is this common?
No.
"...he's always voted for tax increases."
Link??
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