On the recordMay 31, 2012
The idea that a cut in taxes that took place 12 years ago is an extension of a tax cut rather than what it truly is, which on December 31, if nothing happens, a massive tax increase.
Said by
Jeb Bush
Source
congress.govJeb Bush: “The idea that a cut in taxes that took place 12 years ago is an extension of a tax cut rather than what it truly is…”
Editor's note · Context
Jeb Bush emphasizes the misconception of tax cuts as extensions rather than potential tax increases.
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