politics

ROMNEY TAX HIKE: Romney Will Hike Taxes on Middle-Class Families and Small Business Owners So He Can Cut Taxes for Millionaires Like Himself; The President is Fighting for Middle-Class Security

 

Obama for America is holding events in key states this week to contrast the Romney Tax Hike with President Obama’s commitment to fighting for middle-class security. While the Romney Tax Hike would force middle-class families and small business owners to pay more in taxes so millionaires like Romney can pay less, President Obama is urging Congress to immediately prevent a tax hike on 98 percent of Americans and 97 percent of small businesses.

  • Events This Week: Obama for America is holding events this week in key battleground states with local officials, small business owners and workers. They’ll warn voters about the Romney Tax Hike and highlight President Obama’s commitment to fighting for middle-class security.
  • The Romney Tax Hike would make middle-class families and small business owners pay more in taxes so millionaires and billionaires like Romney can pay less. According to nonpartisan tax experts, the Romney Tax Hike would cost middle-class families with children an average of $2,000 a year to pay for budget-busting tax cuts for millionaires and billionaires like Romney.
  • President Obama is fighting for middle-class security.He has a vision and a plan to create an economy built to last and built from the middle class out – where hard work pays off, responsibility is rewarded, and everyone has a fair shot and does their fair share.
    • Middle-Class Tax Cuts: He’s urging Congress to immediately stop a tax hike on 98 percent of Americans and 97 percent of small businesses next year. Romney opposes this plan because it asks the wealthiest to pay their fair share again.
    • Small Business Tax Relief: He’s fighting for new tax cuts for small businesses that hire and invest now. It builds on his 18 small business tax cuts that help them hire and make job-creating investments in equipment that grow their businesses.
    • Investing in Entrepreneurs: His plan reduces the deficit in a balanced way while still investing in education, energy, innovation and infrastructure to help our entrepreneurs and workers grow our economy and the middle class.

 

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