Dems challenge GOP to raise taxes on the wealthiest

Dems challenge GOP to raise taxes on the wealthiest

July 16, 2012 4:21 PM

Senate Democrats threatened to allow the Bush-era tax cuts to expire for everyone at the end of the year, if Republicans do not agree to let the tax cuts lapse for families making more than $250,000 a year. Nancy Cordes reports on the threat this poses to tens of millions of American taxpayers.

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