Politics, History and Current Events Post #3
Obama to sign tax deal Friday afternoon
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The final vote was made last week with an approval of 277:148 with an almost equal number of votes between Republicans and Democrats of approval.
It is a two-year extension of the Bush administration's tax cuts also extending unemployment benefits for another 13 months, cut payroll taxes by 2%.
Obama and the other Democrats had long opposed the wealthy's tax cuts. He complaine that the Republicans were not allowing tax cuts for the rest of the country.
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What will be the ending result after these drstic tax cuts?
Why couldn't the people allow for more reasonable changes in the taxes, this could easily make the debt even worse.
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The tax cuts seem to be making both sides upset, and there is no real way to please either side without giving up one thing.
I agree with your opinion. I don't think that both sides can be happy. Their views are pretty different on many things. I am glad that they extended the cuts because I think that it is a better way to help the economy, personally.
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