The Obama administration seems to belief that getting the country out of debt is the responsibility of only the wealthy. This article explains the reasoning why that the Bush administration tax cuts should be extended for all not just those who earn under $250,00 per year. Having the business and wealthy pay more in taxes will just slow the economy by not allowing these people and businesses to create jobs. Having an equal amount of tax cuts throughout the country would help stabilize the economy and allow it to grow. Helping the middle class working families is very important but these types of band-aid fixes just prolong the downfall of the economy. The government should look into spending less and reduce their pay for their own part-time jobs. Have a look for yourself and make an informed decision.
Tax Cut Article from CNN
