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Thu, Nov 29 2012 11:32:03

WH Office Hours: Pass the Middle-Class Tax Cuts

If Congress fails to act before the end of the year, every American family’s taxes will automatically go up. Brian Deese, Deputy Director of the National Economic Council, answered your questions on Twitter during a session of White House Office Hours.

  1. whitehouse
    The White House@whitehouse
    Have questions about middle-class tax cuts, deficit reduction & #My2k? Join us at 1ET for a Q&A with NEC's Brian Deese. Ask now w/ #WHChat
    Thu, Nov 29 2012 07:02:31
  2. Whitehouse
    ·
    Thu, Nov 29 2012 11:25:25
  3. WHLive
    White House Live@WHLive
    Hi all, Brian Deese here ready to take your questions on #my2K #WHChat
    Thu, Nov 29 2012 10:08:18
  4. SFDISTRICT7
    Judy USF68@SFDISTRICT7
    #WHChat England has Upper/Middle/Lower classes. I live alone on less 1/4 of $250,000 a year? How does 'cliff' effect me,the Lower Class?
    Thu, Nov 29 2012 07:32:50
  5. WHLive
    White House Live@WHLive
    .@SFDISTRICT7 the income tax increases will hit someone like you making ~$60k. Typical family in that range will pay ~$2k more #WHChat
    Thu, Nov 29 2012 10:13:20
  6. Red_Sox_Fan777
    Pat Dolan@Red_Sox_Fan777
    @WHLive #WHChat Reports on Boston t.v. that Pres. Obama is willing to be "flexible" about tax increases for top earners. True? Don't agree
    Thu, Nov 29 2012 10:08:21
  7. WHLive
    White House Live@WHLive
    .@Red_Sox_Fan777 POTUS plan raises rates & reduces tax deductions for top 2% - what we need for balanced deficit deal. Go Sox. #WHChat
    Thu, Nov 29 2012 10:17:23
  8. CorettaJackson
    Coretta @CorettaJackson
    Hi Brian! .@WHLive the @Conferenceboard reports another uptick in #consumerconfidence. Will this continue beyond holiday season? #WHchat
    Thu, Nov 29 2012 10:15:50
  9. WHLive
    White House Live@WHLive
    .@CorettaJackson Confidence is at near 5yr high but expiring middle class tax cuts put that at risk. Details: whitehouse.gov/sites/default/… #WhChat
    Thu, Nov 29 2012 10:21:28
  10. Tappersong
    Gary Tapperson@Tappersong
    @WHLive #my2K #WHChat Where are spending cuts? Where are entitlement cuts?
    Thu, Nov 29 2012 10:19:56
  11. WHLive
    White House Live@WHLive
    .@Tappersong Good q. POTUS has $340bn in new health savings & $bns of addtl savings too. See pp. 17-45 here: whitehouse.gov/sites/default/… #WHChat
    Thu, Nov 29 2012 10:24:39
  12. onlyrey
    Jose I. Rey@onlyrey
    @WHLive: Is there any estimate on how much consumer spending results from a $1 saved in tax by a middle class family? (below $250K)? #WHChat
    Thu, Nov 29 2012 10:17:44
  13. WHLive
    White House Live@WHLive
    .@onlyrey We estimate middle class tax cut expiration would reduce consumer spending by $200bn next yr. Details whitehouse.gov/sites/default/… #WhChat
    Thu, Nov 29 2012 10:27:24
  14. tlamb775
    Tom Lamb@tlamb775
    Silence-----> Who pays 4 the debt crisis? RT @WHLive: Hi all, Brian Deese here ready to take your questions on #my2K #WHChat #crickets
    Thu, Nov 29 2012 10:17:15
  15. WHLive
    White House Live@WHLive
    .@tlamb775 POTUS believes we need shared sacrifice, i.e. tough cuts in programs many families rely on + real revenue from top 2% #WhChat
    Thu, Nov 29 2012 10:30:33
  16. bgarry
    Beth Garry@bgarry
    #WHChat. Why don't members of both parties extend the middle-class tax cuts FIRST and work out other details later?
    Thu, Nov 29 2012 10:29:55
  17. WHLive
    White House Live@WHLive
    .@bgarry GREAT question. Adding your voice to #my2k might help get the common sense answer we need whitehouse.gov/my2k #WHChat
    Thu, Nov 29 2012 10:32:28
  18. RRCDana
    Dana Robel@RRCDana
    @WHLive #my2k #WHChat How does punishing producers create true economic growth to expand taxPAYER base? Soviets tried/failed/producers quit.
    Thu, Nov 29 2012 10:28:35
  19. WHLive
    White House Live@WHLive
    .@RRCDana POTUS keeps tax cuts for 97% of small biz; rest return to Clinton-era rates when US created 23m jobs & record sm biz jobs. #WHChat
    Thu, Nov 29 2012 10:38:40
  20. histrymajor
    CurryGirl@histrymajor
    #WhChat@WHLive Will the college tuition tax credit survive the #fiscal cliff since it was a stimulus measure?
    Thu, Nov 29 2012 10:33:30
  21. WHLive
    White House Live@WHLive
    .@histrymajor Senate mc tax cut bill extends this vital measure - worth $2,500 for a family w/kid in college. House should pass now. #WHChat
    Thu, Nov 29 2012 10:42:08
  22. WHLive
    White House Live@WHLive
    Gotta run. Thanks for all the great questions. And keep sharing your #my2k stories whitehouse.gov/my2k #WHChat
    Thu, Nov 29 2012 10:44:17

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