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CNN Early Start July 10, 2012

wasn t this just politicking? yeah, and we ve got less than four months to go until the presidential election and that s what a lot of this is about, presidential politicses. congress up for election as well in november. we went through this fight two years ago the last time we battled over taxes and there was a standstill then and looks like there will be a standstill now. the republican dominated, the republican-led house will vote on a plan to keep everybody s taxes at the same rate whereas the senate will vote on a plan only for people making $250,000 or less for their taxes to remain the same. a standstill here. of course, all this is presidential politics. here s what mitt romney had to say about it. small businesses are overwhelmingly being taxed not at a corporate rate but at the individual tax rate, so successful small businesses will see their taxes go up dramatically and that will kill jobs. that will be another kick in the gut the middle class in america ....

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