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In support of the tax-cut compromise

December 15, 2010
By U.S. Rep. Bill Owens, D-Plattsburgh

Like many of my Democratic colleagues, I have long supported making the Bush-era tax cuts for the middle class permanent while letting the tax cuts for the ultra-wealthy expire. But unlike many in Washington, I have urged leadership of both parties to compromise on this issue. Finally, after months of gridlock and finger-pointing from both parties, President Obama and Republicans in Congress have reached an agreement to do what is best for the American people - prevent a middle-class tax increase on Jan. 1 by agreeing to extend tax rates across all income levels for two years.



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