Day: December 8, 2010

The Tax Deal

It appears an agreement has been reached between Democrats and Republicans with respect to the Bush tax cuts—they will be extended for two years for all taxpayers [I was going to write “all Americans,” but then I realized many Americans pay no income tax—52% of us cover the other 48%]. In announcing this agreement, President Obama was more than a little testy. In fact, he came across as downright petulant. One could be forgiven for calling his demeanor pouty. He obviously hated announcing the… Read more »