Senate Democrats add millionaire tax to jobs bill

[nofurylike]

BY Stephen Ohlemacher
October 5, 2011

http://news.yahoo.com/senate-democrats-a...46567.html

WASHINGTON (AP) — Struggling to deliver the big jobs package proposed by President Barack Obama, Senate Democrats are using the issue to force Republican senators to vote on tax increases for millionaires, picking up on a White House theme that the nation's wealthiest Americans aren't paying their fair share.

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The $447 billion package still includes Obama's proposals to cut payroll taxes and provide money for teachers, firefighters, the unemployed and infrastructure. The tax on millionaires is expected to pay for the package, so it wouldn't add to the budget deficit.

Democrats are banking on Republicans to oppose both the higher taxes on million-dollar earners and the president's call for new spending aimed at reducing joblessness, leaving them open to a charge of protecting the wealthy at the expense of the unemployed.

"Republicans will be hard pressed to explain why they allowed teachers and firefighters to be laid off, rather than have millionaires and billionaires pay their fair share," said Sen. Chuck Schumer, D-N.Y. "Republicans will struggle to defend putting off repairs to crumbling schools in order to protect tax breaks for the wealthiest 1 percent of America. This is the contrast that will be on display in the Senate next week."

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very interesting.

[jaxx]

Schumer is a tiger when he gets going. I think it's great to put the 5% tax on those making over $1million. It's time they paid their fair share and let the little people live.

[nofurylike]

(10-06-2011 06:55 AM)jaxx Wrote:  Schumer is a tiger when he gets going. I think it's great to put the 5% tax on those making over $1million. It's time they paid their fair share and let the little people live.

hear, hear!! on all those points, jaxx!

thank you!

[There Is No Spoon]

Good. Take a stand. Fuck these America hating Republicans.

[nofurylike]

(10-06-2011 07:48 AM)There Is No Spoon Wrote:  Good. Take a stand. Fuck these America hating Republicans.

YES!! yes yes yes!!!



thank you, TINS!