Tuesday, December 23, 2008

Barack Obama on the issues 12

Would you roll back tax cuts that were supported by the Bush administration?

Yes. I support the tax cuts for low and middle income families and will work to make them permanent in a fiscally responsible way. These are the families facing the greatest economic challenges and anxiety, and they are the ones who should benefit first. I do not support making permanent Bush's tax cuts for the wealthy. Rather than providing expensive, deficit-financed tax cuts that benefit the wealthiest Americans, we should be working to fix our tax system to help the middle-class. Extending the Bush tax cuts for the wealthy simply does not do that.

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