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


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.