Bookmark this article: if our government (and clearly the GOP, who is blocking) doesn't pass meaningful legislation, review this information for general election fuel in 2012.
"President Obama says millionaires are ready to dig into their pockets and pay higher taxes.
The commander in chief pushed his $447 billion jobs bill during his weekly radio and internet address on Saturday, which would be paid for by an added tax on Americans who make at least $1 million a year.
These are the same folks who have seen their incomes go up so much, said Obama. I believe this is a contribution they re willing to make.
He cited a new report by the Congressional Budget Office as evidence that the plan to create construction projects and tax breaks for employers is critical to stimulate job growth.
The report found that average after-tax income for the top 1 percent of households increased by a whopping 275% over the past 30 years. In contrast, middle-income households saw just a 40% increase, while the bottom tier saw an 18% jump.
In this country, we don t begrudge anyone wealth or success, we encourage it, said Obama. But America is better off when everyone has had the chance to get ahead not just those at the top of the income scale.
Senate GOPers have blocked action on the plan, largely because they are against increased spending and the tax on millionaires. The President is trying to push Congress to pass individual parts of the plan...."
No comments:
Post a Comment