Government Bytes


Obama praises tax cuts?

by John Stephenson / /

President Obama says this about the recent tax cut package.

"Thanks to the tax cuts we passed, Americans’ paychecks are a little bigger today. Every business can write off the full cost of the new investments they make this year. These steps, taken by Democrats and Republicans, will grow the economy and add to the more than one million private sector jobs created last year."

Hopefully, this is a sign that he recognizes that high tax burdens cost the economy and will continue to push for tax relief in the next two years.