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Ensure Taxes Don't Go Up For Families Earning Less Than $250,000 |
"And I can make a firm pledge: Under my plan, no family making less than $250,000 will see their taxes increase -- not your income taxes, not your payroll taxes, not your capital gains taxes, not any of your taxes."
-- Dover, N.H.
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AUGUST 03, 2009
Obama Reiterates Promise After Officials' Remarks
Obama was forced to reiterate his promise not to raise taxes for families making less than $250,000, one day after Treasury Secretary Timothy Geithner and National Economic Council Director Lawrence Summers suggested in separate Sunday talk-show interviews that tax hikes might be on the table. "The president made a commitment in the campaign. He's clear about that commitment, and he's going to keep it," White House press secretary Robert Gibbs told reporters. |
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FEBRUARY 17, 2009
Stimulus Includes AMT Patch
The final version of the stimulus package signed into law by President Obama includes a provision extending the alternative minimum tax "patch" in order to protect upper-middle-class Americans from potential tax increases. |
