tax cuts « CBS DC

File photo of President Barack Obama. (Photo by Kaung Htet/Getty Images)

Obama To Appeal To Public On Fiscal Cliff

President Barack Obama plans to make a public case this week for his strategy for dealing with the looming fiscal cliff, traveling to the Philadelphia suburbs Friday as he pressures Republicans to allow tax increases on the wealthy while extending tax cuts for families earning $250,000 or less.

2012/11/27

President Barack Obama presents investor, industrialist and philanthropist Warren Buffett with the 2010 Medal of Freedom in the East Room of the White House on Feb. 15, 2011 in Washington, D.C. (credit: Chip Somodevilla/Getty Images)

Buffett Prefers Cutoff For Elimination Of Bush Tax Cuts At $500,000

Billionaire Warren Buffett is again calling for higher taxes on the “ultrarich” and he’s urging Congress to compromise on spending cuts and tax increases.

2012/11/26

Mitt Romney (Photo credit: NICHOLAS KAMM/AFP/GettyImages)

Opinion: Romney’s 47% Don’t Pay Taxes Remark Shows He’s Exactly Who We Thought He Was

The recently released tape of Romney speaking to donors at a closed door fundraiser has exposed Mitt Romney to, in fact, be the person Democrats have portrayed him to be: a rich, out of touch, arrogant man that has no respect or connection to the American middle class and absolutely no interest in making the American middle class stronger.

2012/09/19