Monday, October 04, 2010
Senator Urges Closer Look At Tax Cuts
WEST VIRGINIA....
Mike Oliverio, a state Senator from Monongalia County, says now is the time for the U.S. House and U.S. Senate to look again at the tax cuts that were first enacted more than nine years ago under the the George W. Bush administration. Last week, Congress went into recess until after the midterm elections without taking a vote on an extension of the tax cuts that have been in place since 2001 and 2003 which lowered marginal rates, dividends and capital gains taxes, and, without action, will expire at the end of the year. Oliverio says tax credits and tax savings for working class Americans need to stay in place.
Mike Oliverio, a state Senator from Monongalia County, says now is the time for the U.S. House and U.S. Senate to look again at the tax cuts that were first enacted more than nine years ago under the the George W. Bush administration. Last week, Congress went into recess until after the midterm elections without taking a vote on an extension of the tax cuts that have been in place since 2001 and 2003 which lowered marginal rates, dividends and capital gains taxes, and, without action, will expire at the end of the year. Oliverio says tax credits and tax savings for working class Americans need to stay in place.
# posted by Homer Owens @ 9:57 AM 
