Senate Democrats scrap Obama's bill

MolonLabe2009 · Oct 5, 2011

The Democrat party is the official party of NO!

Senate Democrats have jettisoned President Obama’s proposal to raise taxes on families making more than $250,000, raising the threshold to $1 million in an attempt to win more Democratic votes.

Democratic leaders say they want to impose a 5 percent surtax on the tax liability of millionaires, which would raise about $445 billion over 10 years — roughly the cost of Obama’s jobs proposal.

Even with the overhaul of Obama’s jobs package, Senate Majority Leader Harry Reid (D-Nev.) said he was not certain it would gain unanimous Democratic support. But Democratic leaders believe the change will broaden the bill’s popularity in their caucus.

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Senate Dems want millionaire surtax to pay for Obama jobs bill
http://thehill.com/homenews/senate/185693-senate-dems-quash-obamas-tax-plan

The Mello Guy · Oct 5, 2011

great, let republicans explain that millionaires are really middle class

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Senate Democrats scrap Obama's bill

MolonLabe2009 Banned

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Senate Democrats scrap Obama's bill

MolonLabe2009 Banned

The Mello Guy Well-Known Member

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