August 13, 2010: Republicans Want to Extend Bush-Era Tax Cuts for the Wealthy PDF Print E-mail

This week, the Congressional non-partisan Joint Committee on Taxation released a study showing that the Republican plan to continue the Bush tax cuts for the nation’s wealthiest would add billions on the deficit.

Read more in this week’s Washington Post’s article, which compares the Democrats’ plan and the Republicans’ deficit-busting plan:

Comparing Democratic and Republican tax plans

The Republicans' plan to extend the Bush administration tax cuts for the wealthy would cost $36.6 billion more than the Democrats' plan, which extends cuts only for families making less than $250,000 a year and individuals making less than $200,000.