Obama to call for middle class tax cuts

Of course, it will almost certainly not become law because 1) Obama proposed it, 2) it would be paid for by taxes increases on the GOP's real constituents, the rich.

Quote:

President Obama will use his State of the Union address to call on Congress to raise taxes and fees on the wealthiest taxpayers and the largest financial firms to finance an array of tax cuts for the middle class, pressing to reshape the tax code to help working families, administration officials said on Saturday. The proposal faces long odds in the Republican-controlled Congress, led by lawmakers who have long opposed raising taxes and who argue that doing so would hamper economic growth at a time the country cannot afford it. And it was quickly dismissed by leading Republicans as a nonstarter. http://ift.tt/1yzUWF6

via International Skeptics Forum http://ift.tt/1AxC06k