Fiorina affirms tax cuts for all, even the wealthy
http://www.mercurynews.com/breaking-news/ci_16125872By JUDY LIN Associated Press Writer
Posted: 09/20/2010 01:17:18 PM PDT
Updated: 09/20/2010 02:13:33 PM PDT
RANCHO CORDOVA, Calif.—The federal government should extend tax cuts for everyone, including the wealthy, during "an economically devastating period," Republican U.S. Senate candidate Carly Fiorina said Monday.
The former chief executive officer of Hewlett-Packard Co. was asked during a campaign stop in the Sacramento suburb of Rancho Cordova if she would allow Bush-era tax cuts to expire for everyone if she could not get them extended for the wealthy. Fiorina did not answer directly, but rather maintained that everyone should have their tax cuts extended.
"I think this is a really simple matter. We are in the middle of a disastrous economic time here in California," Fiorina said. "You do not raise taxes in the middle of an economically devastating period of time. Period."
Like President Barack Obama, Democratic Sen. Barbara Boxer has said she supports extending the tax cuts only for lower-income and middle-class taxpayers. The president on Monday repeated his opposition to extending tax cuts for those with household incomes above $250,000—but to extend them for everybody else.