Bush's Tax Cuts: Not Going Away Without a Fight

Wednesday, July 14, 2010

Remember President George W. Bush's tax cuts back in 2001 and 2003, which were met with much hatred by Democrats? Well, those tax cuts are about to expire. However, this is not necessarily good news for Democrats. Takeaway Washington correspondent, Todd Zwillich, sees Democrats somewhere in between a rock and a hard place. They can't easily allow taxes to go back up when the economy is still struggling; at the same time, they can't watch the deficit continue to rise if the cuts stay. To make things more complicated, these tax cut decisions need to be made during an election year.

Guests:

Todd Zwillich

Produced by:

David J Fazekas

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