House passes tax cut extension for families making less than $250,000
December 2nd, 2010
04:00 PM ET

House passes tax cut extension for families making less than $250,000

The House of Representatives passed legislation Thursday extending the Bush-era tax cuts only for families making $250,000 a year or less.

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Filed under: Politics
soundoff (48 Responses)
  1. robert rodriguez

    job well done

    December 2, 2010 at 4:04 pm | Report abuse |
  2. Jeff Allen

    if you are going to freeze federal pay salaries. Do it across the board to include postal workers and everyone.

    December 2, 2010 at 4:16 pm | Report abuse |
  3. Frank

    People of the United States,
    We are not out of the woods yet,it has to pass the Senate and be signed by
    Obama.

    December 2, 2010 at 4:22 pm | Report abuse |
    • zack

      of course the senate and president obama will pass that!!!! dam dont be stupid obama said 250 or less over and over open your ears to the truth

      December 3, 2010 at 11:25 pm | Report abuse |
  4. Jim Brieske

    Democrats are morons who even after many losing their jobs insist upon acting against what the people want. The $250,000+ yearly income earners are the job creators. Democrats want to play games and continue forward ruining capitalism and spreading the wealth around using socialism.
    Killing every democrat in the House at this point is insufficient. A lesson must be taught. An example must be made. It's time.
    jim

    December 2, 2010 at 4:41 pm | Report abuse |
    • Monomorphic

      You are so naive. Economics 101. Rich people do not create jobs... DEMAND does. Stop spreading lies.

      December 2, 2010 at 4:47 pm | Report abuse |
    • zack

      just put the money in the bank with the rest richy rich

      December 3, 2010 at 11:26 pm | Report abuse |
  5. duke

    "Jimmy Rebel"your the worst!
    With these tax cuts in place,we went down hill,
    Why keep them??
    The only goal of the rich is to become wealthy!!
    Scary thing is,they have people who are not either rich or wealthy,but slow,and they just can't understand the story of the snake..

    December 2, 2010 at 5:19 pm | Report abuse |
  6. Jim Brieske

    You let there be suffering. You let neighbors help neighbors. There is no way any mother will allow other children to go hungry. You have faith in the American people. You give taxcuts to the wealthiest, they have the ability to hire people.
    If instead you insist upon building a bigger government so you can control and hide the truth while destroying a country based on freedom, liberty and capitalism then God is going to punish.
    jim

    December 2, 2010 at 5:30 pm | Report abuse |
    • zack

      leave god out of this god doesnt except your checks to get into heaven worship money or god theres no room for both

      December 3, 2010 at 11:29 pm | Report abuse |
  7. really?

    The rich hasn't created any jobs during this cuurent tax cuts. What makes you think they would if it gets extended Jim?

    December 2, 2010 at 5:39 pm | Report abuse |
  8. really?

    Jim, are you playing with us because I can't imagine a person being that naïve and stupid?

    December 2, 2010 at 5:44 pm | Report abuse |
  9. Jim Brieske

    duke. We went downhill because in 2005 Barney Frank turned our home mortgage program into a giant pyramid scheme. He insisted poor people who can't afford the payment should get home loans. The bottom collapsed, then the middle and finally the top. People upgraded using the sale money of their shack to sub prime loan person (cant afford the home loan) to mid grade home. This transcended to the most expensive homes. Everyone was building.
    It all collapsed. When after years of stalling and delays, the defaults of Barney Franks Sub Prime Loans caught up because building slowed down. As long as home building was increasing, it could be moved along and kept hidden.
    Barney Frank caused everything. Giving the rich tax cuts creates jobs. I know people who will hire new employees.
    jim

    December 2, 2010 at 5:46 pm | Report abuse |
    • zack

      after clinton people where doing so good they thought they could afford to buy a house 2 years of bush they relised they were wrong

      December 3, 2010 at 11:31 pm | Report abuse |
  10. duke

    If Obama extends the bush tax cuts,does it then become the Obama tax cut??

    December 2, 2010 at 6:00 pm | Report abuse |
    • Here's a thought

      You make a good point Duke. I wonder if the current tax cut get passed and failed ot create job, they would blame it on Obama? Interesting.

      December 2, 2010 at 7:12 pm | Report abuse |
  11. RonG

    My boss and all his millionaire friends made it quite clear to me that there isn't a snowballs chance in he'll of the starting new businesses. They will lock their money away and the last thing they will invest in are "benefited" American labor. Asia is much better for jobs. One of these guys is on the top 10 forbes. One even commented on how much land he is purchasing abroad so he can leave when things get worse.

    December 2, 2010 at 6:07 pm | Report abuse |
  12. duke

    "Jimmy Rebel"!!
    Cut the partisan cr@p!
    Your hero Reagan raised taxes what happened to that??
    Rich people don't get wealthy off of their own efforts alone,
    If they're talking about raising retirement,cutting medicaid/medicare,and any other program that benefit the working poor,
    What sacrifice will the rich/wealthy make??
    The majority of politicians in washington are rich(making more than a million a year after taxes),and they speaking more for their bottom line than yours!
    From warren buffet,to tv personalities have no problem with raising their taxes and leaving the middle alone,so who are the Republicans speaking for?

    December 2, 2010 at 6:15 pm | Report abuse |
  13. duke

    So your millionaire boss and his friends have a right to undermine the system by taking money out of our economy only to hoard it in a foreign country??all because of their tax rate at home??keep rooting for the snake you'll get bit soon enough!!
    So I guess"too big to fail"will become a people thing instead of just for corporations??

    December 2, 2010 at 6:27 pm | Report abuse |
  14. meee

    Senate already shot it down so you girls can quit whining

    December 2, 2010 at 6:29 pm | Report abuse |
  15. E. Holyfield

    WHo da fak makes 250K /Y ...give me a break.

    December 2, 2010 at 6:43 pm | Report abuse |
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