Clinton favours extension of Bush Tax Cut - Taxindiainternational.com

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Clinton favours extension of Bush Tax Cut By TII News Service Jun 07, 2012 , Washington
TO jump-start the sagging US economy the former US President Bill Clinton has said that there is a need to extend the Bush Tax Cuts. Such a position is contrary to the official stand of President Obama. Mr Clinton reportedly told a TV Channel that Republicans wanted a permanent extension but Obama should not accept such a demand. The Bush tax cuts were enacted in 2001 and 2003, and are scheduled to lapse next year.

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