WASHINGTON (AP) - President Barack Obama says he will not agree to any budget deal that extends current tax rates for the wealthiest taxpayers and says their rates should rise to help raise revenue.
Obama says his stand was validated by voters in the election because he specifically ran on an agenda of letting the existing rates for the top 2 percent of income earner rise to Clinton-era levels.
Congressional Republicans have said they would be willing to include new tax revenue in a deficit reduction deal. But they have been adamant that the tax rates themselves must not increase.
Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
Current Conditions
Weather for Lexington, Kentucky
55° F
Light Rain
Opinion
Most Commented
powered by Disqus
Enter your number for a chance to win great prizes! Message and data rates may apply 
|
Viewer Photos
Text Links
Premium reloading brass once fired
WKYT
2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Gray Television, Inc. - Copyright © 2002-2013 - Designed by Gray Digital Media - Powered by Clickability
User Agent: CCBot/2.0 - 179336011
