President Obama’s statement on the tax agreement

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President Obama’s statement on the tax agreement
from Obama 2012 Blog

On Tuesday night, President Obama welcomed the votes in Congress to pass tax cuts for the middle class and avoid the "fiscal cliff."

A central promise of my campaign for President was to change the tax code that was too skewed towards the wealthy at the expense of working middle-class Americans. Tonight we've done that. Thanks to the votes of Democrats and Republicans in Congress, I will sign a law that raises taxes on the wealthiest 2% of Americans while preventing a middle-class tax hike that could have sent the economy back into recession and obviously had a severe impact on families all across America. ...

http://www.barackobama.com/news/preside ... -agreement