In this new White House White Board, Brian Deese, the Deputy Director of the National Economic Council, explains why the Buffett Rule is necessary to restore fairness to the American tax system -- and ensure that everyone plays by the same set of rules.
Showing posts with label The White House White Board. Show all posts
Showing posts with label The White House White Board. Show all posts
Thursday, April 12, 2012
Thursday, September 30, 2010
The White House White Board: CEA Chair Austan Goolsbee Explains the Tax Cut Fight
From the White House Blog
Today Team Obama is trying something new, they are rolling out the - White House White Board,in which one of the key players on the White House team will cut through the political back-and-forth you hear every day and break down an issue affecting American families into simple, understandable terms. Today, Austan Goolsbee, the new Chair of the Council of Economic Advisers at the White House, tackles the tax cut fight and what it means that Congressional Republicans are "holding middle class tax cuts hostage" as the President has said:
Key points and links:
Under President Obama’s plan, all Americans would receive a tax cut on the first $250,000 of their income. Every middle class family would receive the immediate certainty and comfort of knowing their tax cuts were permanently extended. Every American making more than $250,000 per year they would receive a tax cut on the first $250,000 of their income.
Instead of working to give middle class families this immediate certainty and comfort, Congressional Republicans are continuing to hold that relief hostage in order to have our nation borrow $700 billion that we can’t afford to provide an average tax cut of $100,000 to millionaires and billionaires.
We simply can’t afford to give the wealthiest Americans these big tax cuts that would add to our deficit and, according to the non-partisan Congressional Budget Office, be just about the least effective way to grow our economy and help create jobs.
Today Team Obama is trying something new, they are rolling out the - White House White Board,in which one of the key players on the White House team will cut through the political back-and-forth you hear every day and break down an issue affecting American families into simple, understandable terms. Today, Austan Goolsbee, the new Chair of the Council of Economic Advisers at the White House, tackles the tax cut fight and what it means that Congressional Republicans are "holding middle class tax cuts hostage" as the President has said:
Key points and links:
Under President Obama’s plan, all Americans would receive a tax cut on the first $250,000 of their income. Every middle class family would receive the immediate certainty and comfort of knowing their tax cuts were permanently extended. Every American making more than $250,000 per year they would receive a tax cut on the first $250,000 of their income.
Instead of working to give middle class families this immediate certainty and comfort, Congressional Republicans are continuing to hold that relief hostage in order to have our nation borrow $700 billion that we can’t afford to provide an average tax cut of $100,000 to millionaires and billionaires.
We simply can’t afford to give the wealthiest Americans these big tax cuts that would add to our deficit and, according to the non-partisan Congressional Budget Office, be just about the least effective way to grow our economy and help create jobs.
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