2010-10-29

Obama to Push for Tax Cuts

Obama is expected to push for tax cuts on businesses.

Click title of post for full article.

What's this? Obama wants tax cuts? Haven't the democrats for the past 4 years been telling us how horrible tax cuts are? Gee, I seem to remember them claiming that Bush was evil and ruined our economy due to tax cuts. How odd.

President Barack Obama will tout a proposal on Friday to provide tax relief for businesses, reviving a plan he proposed in September that would encourage companies to make capital investments.

Days before Republicans are expected to make major gains in congressional elections, Obama, a Democrat,  will highlight a plan that has so far gained little political traction despite what the White House sees as having bipartisan appeal.

The proposal would let businesses of all sizes take immediate deductions for certain capital expenses between September of this year and the end of 2011.

Isn't that interesting?

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