Any tax increase, the current U.S. economic situation is not suitable for people of
September start for the U.S. Congress will again, “Bush, for the taxable period, or no,” the great debate to decide how, in the second half of the United States is the focus of public interest is.
But that low and middle-class tax cuts from the rich “Robin Hood” tax increase, and the U.S. Congress on whether the administration will also have a dilemma: the more U.S. concerns about an economic recovery in the other hand, more uncertainty, the economic recovery affects the critical issue of funding the expenses of the parties is the focus while increasing taxes on the rich, on the other hand, if the extension of tax cuts for high income people is undoubtedly a very serious deficit of the U.S. Treasury Department bad.
U.S. Internal Revenue Service (IRS), according to more than 40% of the federal government to the personal income tax accounted for 2 percent of personal income tax payments with the highest income, in 2007, the U.S. announced the statistics.
Senate Budget Committee Chairman Conrad recently that the current U.S. economic situation is not suitable for people of any tax increase that was pointed out. Democrats sword, and his voice faded, strongly criticized by many Democrats that the deficit “hawks” to cut staff to conduct Conrad has always been known.