Taxes
Is America in fiscal austerity yet? (NBC Politics)
May 11, 2012
By Tom Curry The short-term importance of the budget bill which the House approved this week is that Democrats now have another vote which they can use against Republicans running in tough races this fall. Sixteen House Republicans voted against the measure — called the Sequester Replacement Reconciliation Act — which would replace some of [...]
Bernie talks about Senate block of “Buffett Rule” bill (MSNBC)
April 18, 2012
On MSNBC, Bernie talks about the recent defeat of the “Buffett Rule” in the Senate.
“I think our Republican colleagues here are pretty much wedded to a marriage with the wealthiest people in this country & the largest corporations and they’re doing their best to protect those interests. I think that that is really unfortunate and I don’t think that’s what the American people want.”
Op Ed: Read My Lips: Fairer Taxes (American Prospect)
April 12, 2012
By David Callahan The “Buffett Rule” proposed by President Obama and now being considered by the Senate would be an important symbolic step toward a fairer tax system. By instituting a minimum tax on very high earners, it would advance the principle of progressive taxation and reform the tax code in an overdue way. By [...]
Pres. Obama renews populist pitch, urges Congress to pass the Buffett Rule (MSNBC)
April 11, 2012
On MSNBC’s Jansing & Co., Bernie talks about class warfare in America.
“I think the Republicans are right, class warfare is being waged in America. Unfortunately, it is corporate America & the billionaires who are waging class warfare against the Middle Class & working families – and sadly, the wrong side is winning.”
Sanders voted against payroll tax cut (WCAX)
February 20, 2012
By Kyle Midura BURLINGTON, Vt. – Late last week Congress extended unemployment benefits and a payroll tax cut. Government estimates indicate the move should benefit about 170 million Americans and mean about a 1-thousand dollar boost in their take-home pay. Vermont’s delegation split on the matter, with Sen. Patrick Leahy (D-Vt.) voting for the bill, [...]
Vermont delegation divided on extension of payroll tax holiday (Burlington Free Press)
February 17, 2012
By Nicole Gaudiano WASHINGTON – Vermont’s congressional lawmakers split their votes Friday on legislation extending a payroll tax cut, with Democratic Sen. Patrick Leahy voting for the measure and independent Sen. Bernie Sanders and Democratic Rep. Peter Welch voting against it. The Senate approved the legislation 60-36 following approval in the House on a 293-132 [...]
Congress Extends Payroll Tax Holiday, Sends Bill to President (ABC News)
By John Parkinson & Sunlen Miller After months of negotiations, Congress finally approved a comprehensive package to extend the Social Security payroll tax credit, unemployment insurance and the Doc Fix for Medicare doctors through the end of the year, delivering the bipartisan agreement to the president for his signature Friday with less than two weeks [...]
Payroll tax bill heads to Obama’s desk (Politico)
By Seung Min Kim Congress easily passed a sweeping package that would extend the payroll tax holiday for 160 million Americans until the end of the year, sending President Barack Obama a middle-class tax cut that was considered one of his top domestic priorities. The vote in the lower chamber was 293-132. On party lines, [...]
Payroll Tax Cut: Tom Harkin Slams President, Democrats For Risking Social Security (HuffPost Politics)
By Michael McAuliff WASHINGTON — Sen. Tom Harkin slammed his own president and party for hatching the payroll tax cut deal that is expected to pass Congress Friday, saying he’s “embarrassed” the Democrats are pushing a measure that begins the “unravelling of Social Security.” The bill will extend a 2 percent break in the tax [...]
Delegation Split On Bill To Extend Payroll Tax Cuts (VPR News)
By Bob Kinzel (Host) Vermont’s Congressional delegation has split over a bill that extends the payroll tax cut for another 10 months. Senator Patrick Leahy says the legislation isn’t perfect, but will provide important tax relief for many Vermonters. But Senator Bernie Sanders and Congressman Peter Welch both say they have serious concerns about how [...]
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