Obama seeking to shift election toward tax debate
WASHINGTON – Facing sagging jobs numbers, President Barack Obama sought to recast the November election as a fight over tax fairness Monday, urging tax cut extensions for all families earning less than $250,000 but denying them to households making more than that.
The president’s pitch was aimed at painting Republican rival Mitt Romney as a protector of the rich at a time of
economic unease, as Democrats intensify efforts to raise questions about the Romney’s own wealth and offshore bank accounts.
Romney supports extending the federal tax cuts, first signed by George W. Bush, for all income earners.
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