Exact(11)
Most Republicans refuse to consider returning tax rates even to their 1990s levels.
And returning tax rates on high-income Americans to their level during the Roaring Nineties is hardly a socialist proposal.
(How about a deal that fixes the A.M.T. and pays for the fix by returning tax rates on the top bracket to their 2000 level? Just a thought).
The Democrats will block any attempt to extend tax cuts for the wealthy, but they've shown no interest in returning tax rates to where they were when, say, Ronald Reagan took office.
In highlighting the importance of tackling the deficit, Obama emphasized the need for spending cuts but proposed returning tax levels on the wealthiest Americans to those that were in place during the Bill Clinton administration.
It's small change relative to any number of ways to reduce the deficit: squeezing wasteful Medicare and military spending, reforming the Social Security disability program, forcing social programs to become more accountable for results, closing corporate tax loopholes, returning tax rates on the rich to Clinton-era levels.
Similar(49)
Proponents of tax cuts argue that the legislation merely returned tax collections to their appropriate levels.
I mean, they're getting something like $800-900 800-900 billionrned taxes.
If he could return your tax cheque, he would.
If he could return your tax check, he would.
Moreover, it is unheard-of to obtain such a cash return taxed at only a 15% income tax rate.
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