And given that, and given the concern over the deficit, what possibly could you pass in terms of tax cuts after the election other than middle class or a temporary extension to everything?
"Democrats agree that there should be permanent extension to the middle-class tax cuts, that there shouldn't be a permanent extension of tax cuts for millionaires and billionaires, " said White House press secretary Bill Burton.
Those middle class tax cuts would be an extension of 30 years of Reagan Republican tax policy only cutting federal income taxes on the middle class, to the point where the middle 20% of income earners by 2009 paid only a negligible portion of total federal income taxes.
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And we would welcome in a heartbeat a willingness by Republican leaders in the House to schedule and pass -- schedule a vote on and pass an extension of the middle-class tax cuts.
Last week, at the jobs summit, Chamber of Commerce CEO said, if you really want to create jobs, increase economic growth, you temporarily extend the 2001 and 2003 tax cuts -- temporarily -- versus the President is only calling for an extension of your middle-class tax cuts.
Teachers paid the youngsters more attention in class than they did to dozier students and arranged extension activities for them.
Democrats would get their wished-for extension of the tax cuts for the middle class (though they wanted the tax cuts to expire for the wealthy) and the unemployment benefits.
The bill would include an extension of a provision to protect millions of middle-class Americans from paying the Alternative Minimum tax, a levy initially designed to affect only the wealthiest Americans but that was not indexed for inflation.
And in the case of the Alternative Minimum Tax, we have a specific offset that pays for an extension of the provision that would keep it from hitting middle-class families for three years.
One thing that the House could do in its few days here in Washington before it goes off again on recess is follow the Senate's lead and pass a tax cut -- an extension of a tax cut or tax cuts -- for the middle class, 98 percent of the American people.
So in terms of measures that are helping fuel economic activity and growth, he fought very hard for and achieved, as part of the tax cut compromise in December, extension of uninsurance -- unemployed benefits -- unemployment benefits and obviously the middle-class tax cut, as well as the payroll tax cut -- the payroll tax holiday.
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