Obama extends tax cuts to the wealthy


There’s a good chance you’ve already heard as it’s all over the news — President Obama has struck a deal with the GOP to extend the Bush tax cuts to the wealthy for two years. After one of President Obama’s biggest goals in his campaign and throughout his president has been to end the tax cuts on the wealthy implemented during the Bush era that has no doubt contributed to the shrinking middle class, this is a huge disappointment for the Left.

Let this serve as an open thread — was this actually a compromise for the unemployment insurance extension? Should he have called the Republicans’ bluff and let the tax cuts expire? Were his hands really tied? Or is he just incapable for fighting for what needs to be done? Share thoughts in comments!

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