US House votes to keep Bush middle class tax cuts

[babsbunny]

http://www.bbc.co.uk/news/world-us-canada-11906058

The US House of Representatives has passed a bill that would extend tax cuts for middle-class Americans while letting them lapse for the wealthy.

The Democratic-led bill keeps tax rates low for Americans making less than $200,000 (£128,122) a year.

Those rates were enacted by President George W Bush and the Republicans in 2001 and 2003.

The bill is expected to fail in the Senate, where Republicans favour low rates for all taxpayers.

[earthside]

1. This should be the bill.

The only bill -- the Repuglicans can take it or leave it.