Obama overcame the sunset provisions and made the tax cuts permanent for single people earning less than $400,000 per year and couples making less than $450,000 per year, but did not stop the sunset provisions from applying to higher incomes, under the American Taxpayer Relief Act of 2012.
Remember when Obama’s government made the Bush Tax Cuts permanent?
Cherry picking probably won’t work on Lemmy:
https://en.m.wikipedia.org/wiki/Bush_tax_cuts
I wasn’t aware of that. Thanks for the info.
Also, let’s not pretend that there isn’t more to criticize here. Obama governed as a conservative.
Oh I’m happy to criticize or congratulate anyone who makes a poor or good decision. It will be my opinion, of course 😉
Congress, while Obama was President, made the tax cuts for poor and middle class people permanent. The tax cuts for the rich were always permanent.
What year?
2012, but not for incomes over $400/450K.
Ah, so when Republicans had control of Congress?