Geithner: ‘It is Appropriate to Allow Tax Cuts for the Wealthy to Expire’
July 22, 2010 at 14:30 PM EDT
Treasury Secretary Tim Geithner just announced that the Obama administration will allow tax cuts for the wealthiest Americans to expire on Jan. 1, 2011, as part of an effort to help bring down the mounting budget deficit. “We believe it is appropriate to let those tax cuts that go to the most [...]
