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Obama promises tax cuts for the middle class

  • Will take place on January 20, 2013
  • Quoted on June 27, 2008
  • Countdown Expired
  • Votes 1
  • Chance 50.0 %
  • Influence 118

He made no new proposals during the stop in Radnor Township, a prosperous Main Line suburb. Rather, he emphasized earlier ideas aimed at easing what he called the Bush administration's skew toward the wealthy.

His proposals include a $1,000 tax cut for most working families; imposing the Social Security payroll tax, now levied only on the first $102,000 of yearly income, on incomes above $250,000; a "windfall profits" tax on oil companies; and an end to income taxes for elderly people making less than $50,000 a year.

Kelly Sweeney of Hatfield, a mother of three, introduced Obama, talking about how the price of gasoline and the rapidly increasing price of groceries had squeezed her family as her husband's commission-based income dropped.

"I have watched politics as usual benefit the top 2 percent. I have stood by and watched corporate America get richer and richer while the people in my neighborhood struggle more every day," Sweeney said.




Semantic Analysis

kelly sweeney, main line, radnor township, social security, tax



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