Friday, September 17, 2010

Tax Cuts for Wealthy about to Expire

Allowing tax cuts for the rich to expire is a campaign issue and Ron Klein has taken advantage of public opinion. It is understood that raising taxes during a recession will hurt the economy.

Ron Klein basically voted against Obama and his own Party along with 30 other Democrats regarding ending tax cuts for those making over $250,000 that George W. Bush signed into law seven years ago. Saying we needed tax credits for small businesses that will help create jobs, he supports at least a one year extension.

This is something that his opponent, Col. Allen West, has been advocating for all along.

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