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White House: No Tax Cut Extension for Rich, Period – CNBC

The White House is insisting President Barack Obama will not extend the Bush-era tax cuts for wealthier Americans — even temporarily.

Obama spokesman Jay Carney said the president has been clear in his opposition to extending tax cuts for households with annual incomes above $250,000.

via White House: No Tax Cut Extension for Rich, Period – U.S. Election 2012 – CNBC.

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