This is how something as seemingly simple as middle class.

Nov 12, The White House scrambled to tamp down a burst of anxiety among liberals worried that Obama would agree to extend Bush-era tax cuts for the wealthiest Americans.

It cut individual income tax rates, doubled the standard deduction, and eliminated personal exemptions.

for The Wall Street stumpcutting.bar: Laura Meckler. Jul 10, President Obama re-ignited the middle-class tax cut debate, proposing a one-year extension of the Bush-era tax cuts.

WSJ's Laura Meckler has details on Mean stumpcutting.barted Reading Time: 2 mins. Dec 17, The bill, which was largely worked out earlier this month between the White House and Congressional Republicans, extends the Bush-era tax cuts for Estimated Reading Time: 5 mins. Dec 07, President Obama announced a broad"framework" agreement with Republicans that would extend all Bush-era tax cuts for two years, keep the dividend and capital gains tax at 15 percent and temporarily Estimated Reading Time: 6 mins.

Feb 28, During his presidential campaign. Obama had pledged to allow the Bush tax cuts to expire for those making more than, a year. The Tea Party said this would stifle job creation by hurting the small business owners who create 60% of all new jobs. Dec 08, President Barack Obama Gives Wealthiest Undeserved Tax Cut The extension of Bush-era tax cuts to the wealthiest among us isn’t just indefensible- it shows a president without a stomach for a fight.

Nov 23, It cut payroll taxes by 2 percentage points, addingbillion to workers' spendable income. It extended a college tuition tax credit. It also included 58 billion in industry-specific tax cuts. Obama’s deal revived the inheritance tax that had been eliminated in.

Nov 12, The White House scrambled Thursday to tamp down a burst of anxiety among liberals worried that President Barack Obama would agree to extend Bush-era tax cuts. Dec 02, The latest compromise the White House floated would involve an extension of tax credits included in the Obama stimulus bill, in return for an extension of the Bush-era tax cuts as well.

Sen.-elect Rand Paul, in what probably reflects the view of many grass-roots conservatives, told Fox News on Thursday he would support that arrangement. “I’m for extending all the tax cuts” Paul said.