When Do Bush's Tax Cuts For The Rich Expire? And What Will Obama Do? ...........

global1

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Thu Apr-01-10 10:46 AM
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When Do Bush's Tax Cuts For The Rich Expire? And What Will Obama Do? ...........

I'm thinking somewhere around the 2010 elections these will expire. I'm sure that was taken into consideration when they were doled out. Will Obama extend them? Will he let them expire? Will he do something completely different?

Inquiring minds want to know.

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emulatorloo

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Thu Apr-01-10 10:49 AM
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1. Sorry, my crystal ball is in for repairs.

So now we have to go into future to think of ways Obama is horrible?

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JuniperLea

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Thu Apr-01-10 11:08 AM
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5. Wish I could rec a post...

I'm stunned.

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OKNancy

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Thu Apr-01-10 10:51 AM
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2. They expire this year. It was submitted in the budget

Edited on Thu Apr-01-10 10:54 AM by OKNancy

Feb 1st. It was really easy to find out too.

http://www.marketwatch.com/story/obama-budget-lets-bush-tax-cuts-expire-2010-02-01

However Congress may dick with it... not Obama
The article below says they will lapse for the rich, but not the middle class

http://www.businessweek.com/news/2010-03-16/levin-says-house-to-begin-extension-of-bush-tax-cuts-in-april.html

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fascisthunter

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Thu Apr-01-10 10:51 AM
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3. good question... I would like to think they would expire and he'd let it do so

Edited on Thu Apr-01-10 10:51 AM by fascisthunter

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elocs

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Thu Apr-01-10 11:06 AM
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4. Google works well:

when do the Bush tax cuts expire:

http://www.google.com/search?q=when+do+the+Bush+tax+cuts+expire&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

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