Barack Obama Suggests to Reduce Taxes

The USA President Barack Obama suggested to extend tax benefits to families with annual income less than 250,000 dollars. These advantages have functioned since the period of George Bush Jr.
According to Obama, taxing of the middle class doesn’t promote economical development, so it’s necessary to reduce taxes, but the tax advantages should refer not only the high class, as previously benefit extension to high class families is one of the reasons of the existing crisis.
President’s offer wasn’t approved by the Congress. Some of them suggest to raise the income level up to 1mln dollars, and others are of the opinion if taxes are reduced they should be reduced for everyone. It turns out that the President’s offer doesn’t interest anyone. According to politicians it pursuits not economical, but political aims. Barak Obama’s opponent in presidential elections Mitt Romney thinks that tax reducing should refer to all Americans, irrespective of the size of their income.