President Obama returned to campaign mode on Monday – casting Republicans as against the middle class by saying their failure to accept his offer for a limited extension of tax breaks will essentially ruin Christmas for consumers and retailers.
Obama laid out his case in an open letter that starts by underscoring its timing -- coming on one of the busiest shopping days of the year, Cyber Monday, in which consumers take advantage of online bargains.
The president has promised he will immediately sign an extension of the lower Bush-era tax rates, but only for American families bringing in less than $250,000 annually. Republicans want to preserve the lower rates for all Americans, including the 2 percent of households that earn more than $250,000.
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3 comments:
It's too late! the election has already spoiled things for all of us! Christmas is an afterthought at this point for me. While it will still be nice, I am more concerned with 2013, 2014, 2015, and beyond!
Merry Obamamess!
Yes, that is the best job Obama can do for the country.
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