Obama Tax Plan Dependent on Republican House

In a recent speech Obama urged the House to pass his tax plan so he can sign it into law. Obama’s proposed tax plan will not tax the first $250,000 of every American citizens income. Therefore 98 percent of Americans and 97 percent of small businesses will not see their taxes increase. It is crucial that a tax plan is passed before 2013 or else Americans will see their income tax increase by $2,200, which Obama warns will leave people with less money to spend on groceries, diapers, and the overall economy. He pressures republicans to compromise on his plan in order to avoid the “fiscal cliff.” The president noted that the senate had passed a measure that both parties compromised on that hold down rates for the majority of taxpayers. Since republicans hold the majority in the house it is necessary for a compromise in order for this plan to be passed.

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Obama also urged Americans to pressure their congressional representatives through tweets, emails, letters, etc. to pass this reform. It will be interesting to note whether the role of technology and social networking will have a significant impact on this issue. In this past election, Twitter, Facebook, and YouTube have been important sources of information and influence; however, i’ve observed that post-election the re-blogging of political information and general interest in politics decreases significantly. There are no videos on YouTube describing Obama’s tax plan. Whereas, the widely publicized 2012 presidential debates have over 1 to 6 million views on YouTube. This demonstrates the lack of accessible information post-election for the average American. Nevertheless, news networks (such as CNN) continue to relay political information as the role of social networking sites decrease.

-Jenna M.

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About rowlanda12

This is a blog about the 2012 presidential election. Content is generated by students in Professor Heldman's Politics 101 class. She does not necessarily endorse the views expressed here.
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