
President Barack Obama made a campaign stop on Wednesday in Mansfield, Ohio. He is expected to attack his opponent, former Republican Gov. Mitt Romney of Massachusetts, oh his tax plan, according to CNN.
“The centerpiece of my opponent’s entire economic plan is a new, $5 trillion tax cut. A lot of this tax cut would go to the wealthiest 1% of all households. Folks making more than $3 million a year – the top one-tenth of one percent – would get a tax cut worth almost a quarter of a million dollars. A quarter of a million dollars,” CNN reported that Obama will say from his prepared remarks.
“But it gets worse. Under my opponent’s plan, guess who gets the bill for these $250,000 tax cuts? You do. And you don’t have to take my word for it.”
Watch live, broadcast on MSNBC on August 1.
Visit msnbc.com for breaking news, world news, and news about the economy
By Pando Daily
Read More
By Ana Marie Cox, The Guardian
Read More
Raw Story is a progressive news site that focuses on stories often ignored in the mainstream media. While giving coverage to the big stories of the day, we also bring our readers' attention to policy, politics, legal and human rights stories that get ignored in an infotainment culture driven solely by pageviews.
Founded in 2004, Raw Story reaches 5 million unique readers per month and serves more than 19 million pageviews.
Copyright © 2004-2013 Raw Story Media, Inc. All rights reserved.