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Obama called the upper-bracket tax cuts a major driver of our deficit yet the least.

Jul 09, Mitt Romney. United States Senator. Sounding every bit like the candidate he is, President Barack Obama called Monday for a one-year extension of Bush-era tax cuts on annual income up to, while letting those that chiefly benefit the very wealthy expire on schedule at year's end.

The proposal reignited an election-year fight designed to polish his credentials as a champion for middle Estimated Reading Time: 7 mins.

Washington Examiner.

Jul 09, Sounding every bit like the candidate he is, President Barack Obama called Monday for a one-year extension of Bush-era tax cuts on annual income up to, while letting those that chiefly benefit the very wealthy expire on schedule at year's end.

To help students understand Obama's options, the case reviews both the recent tax cuts under President George W. Bush, including the supply-side and demand-management justification given for them, and the broad history of fiscal policy in the United States. Instructors may also obtain a Teaching Note, written by this case's author, that Cited by: 1.

Dec 07, Some Democrats called on Obama to stand firm and let the Republicans carry the blame for the inevitable middle-class backlash. Bush tax cuts. George Bush passed two Estimated Reading Time: 6 mins. Jan 03, Here’s the 18 percent of the Bush tax cuts allowed to expire:billion over ten years comes from the expiration of cuts to the income, capital gains, and dividend tax rates for filers with taxable income above, for married couples and, for singles.

These filers retain the full Bush tax-rate cuts on their first, (or,) of taxable treeclearance.buzzted Reading Time: 4 mins.