Tax Cuts

Tax Engage Form

What We've Heard

"If our taxes are increased this will wipe out our ability to save and sure up a safeguard and leave us vulnerable to changing economic climates and we may find ourselvesright back where we were 3 years ago... struggling to make a living."

WW, Washington, DC

"If we are priced to pay more in taxes the impact will directly affect our daughter's college and career options."

BE, Maryland

"A tax increase will directly affect the way I live with the small amount of fixedincome I have. It will affect where I go because of the high cost of gas towhat I can purchase as food. It will decide if I will be able to help create a job as I have a small business."

B, Virginia

"As a single mom working full-time an increase in taxes for me does not necessarily mean I will not be able to provide for my daughter. What it does mean is the things that I can provide to enrich her life and contribute to her education will be impacted."

LRR, Pennsylvania

The President's Plan

President Obama is calling on Congress to pass a bill that would prevent a tax hike on the first $250,000 of everybody’s income. That means that 98 percent of Americans and 97 percent of small businesses wouldn’t see their income taxes go up at all. And even thewealthiest Americans would get a tax cut on the first $250,000 of their incomes.

If Congress doesn't take action soon, typical middle class family of four will see their income taxes rise by about $2,000 in 2013. We can’t let that happen. Our families can’t afford it, and neither can our economy.

Continuing Tax Cuts for 98 Percent of American Families Infographic

7 Facts About the Tax Debate

Since taking office, President Obama has repeatedly cut taxes for middle-class families. A typical family making $50,000 a year has received tax cuts totaling $3,600 over the past four years – more if it was putting a child through college.

If Congress fails to act before the end of the year, every American family’s taxes will automatically go up in 2013, including 114 million middle-class families. A typical middle-class family of four would see its taxes rise by $2,200.

President Obama is calling on Congress to act on his proposal to extend tax cuts for every family making under $250,000 a year—98 percent of all Americans and 97 percent of small businesses.

See the next 4 facts