Monday, December 29, 2008
Obama's Tax Cut for Middle
Obama adviser: Slowing economy won’t halt tax cuts
A top adviser to President-elect Barack Obama said Sunday that the country's slowing economy won't keep the new administration from fulfilling its plans for a middle-class tax cut.
"We feel it's important that middle-class people get some relief now," Obama adviser David Axelrod said.
Middle-class tax cuts will be part of the new administration's stimulus plan, Axelrod said. "This package will include a portion of that tax cut that will become part of the permanent tax cut that he'll have in his upcoming budget," Axelrod said.
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