End the Bush tax cuts for the top 2 percentSubmitted by emalvini on Wed, 07/25/2012 - 12:04
End the Bush tax cuts for the top 2 percent
By Jim Houser, owner of Hawthorne Auto Clinic, Portland, Oregon - 07/25/12 11:00 AM ET
The Senate will vote today on a proposal that will extend Bush-era tax cuts for 98 percent of Americans, but end the extra breaks that are due to expire at the end of the year for the richest 2 percent only (on their take-home income beyond the first $250,000). As a small business owner – my wife and I own and operate an auto repair shop with a dozen employees – I’m all for it. Especially the part about ending extra breaks for the top 2 percent.