Tags: obama | veto | bush | tax | cuts

Obama Would Veto Extension of Tax Cuts for Top Earners

Friday, 09 Nov 2012 03:34 PM

 

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President Barack Obama would not sign legislation that extends current rates for the wealthiest Americans, the White House said on Friday.

"The president would veto, as he has said ... any bill that extends the Bush-era tax cuts for the top two percent of wage earners, of earners in this country," White House spokesman Jay Carney said at a briefing. (Reporting By Mark Felsenthal; Editing by Vicki Allen)

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