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Obama and G.O.P. Agree on Tax Cuts

New York Times Original article ›

Keywords:


The Bush tax cuts in 2010.

08/05/2010

In the face of rising deficits, and questions about the future solvency of Medicare and Social Security, there are questions about the Bush tax cuts which expire in December 2010 if not renewed. With high unemployment the consensus seems to be to leave the tax cuts in place for a limited period, and have serious conversation about taxes when a new presidential term begins. A Value added Tax has been suggested by Paul Volcker, similar to that in Europe.

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Fouad Ajami: When the Obama Magic Died

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All the President's Captors

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Tax-cut deal has liberal Democrats fuming

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