What does extending middle class tax cuts mean?
By extending middle class tax cuts, every American will get a tax break on their first $250,000 of income. And income taxes won’t go up at all for 98% of American families and 97% of small businesses. If middle class tax cuts are not extended, a typical middle class family of four will see their income taxes go up by $2,200 in just a few short weeks Everyone agrees that taxes shouldn’t go up on middle class families.
By extending middle class tax cuts, every American will get a tax break on their first $250,000 of income. And income taxes won’t go up at all for 98% of American families and 97% of small businesses. If middle class tax cuts are not extended, a typical middle class family of four will see their income taxes go up by $2,200 in just a few short weeks Everyone agrees that taxes shouldn’t go up on middle class families.