Summary

article: http://online.wsj.com/article/SB10001424052702303343404577516313033019898.html

A tax cut for families that earn less than $250,000 a year, an one-year extension of the Bush-era tax cuts, was proposed by Barack Obama on Monday as a continuation of a Bush-era program in an attempt to take out the attention from the unfair tax distribution and help his re-election campaign. (Meckler, L., 2012)