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First Cracks in GOP Resolve on Tax Rates

November 28, 2012 RSS Feed Print
U.S. Rep Tom Cole, R-Oklahoma, who won his race in the state's primary, speaks at a Republican Party victory party in Oklahoma City, Tuesday, Nov. 2, 2010.

U.S. Rep Tom Cole, R-Oklahoma, who won his race in the state's primary, speaks at a Republican Party victory party in Oklahoma City, Tuesday, Nov. 2, 2010.

Democrats already are portraying GOP lawmakers as hostage-takers willing to let tax rates rise on everyone if lower Bush-era tax rates are not extended for the top 2 percent to 3 percent of earners — those with incomes above $200,000 for individuals and $250,000 for joint filers.

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Tom Cole,
fiscal cliff,
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United States,
Congress,
taxes,
Republican Party

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