Cole: Pass The Extension Of Tax Cuts For Those Under 250K Right Now

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Rep. Tom Cole (R., Okla.) Tuesday Nov. 28 on Hardball explained his support for taking President Obama’s offer and extending tax cuts for earners under $250,000. Rep. Cole said that an extension of those rates would protect most taxpayers from a rate increase next year.

TOM COLE: These tax rates are going up automatically unless Congress acts, I favor acting to save as many of (the tax rates) as possible.