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r3020
Senior Advisor

Dems want tax cuts

Now they are talking the right language. Of course a lot of the cut will go to ILLEGAL aliens through the expansion of the earned income tax credit. But tax cuts are always a good thing. Let the people who earn the money decide how it should be spent.

 

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Senate and House Democrats on Wednesday unveiled a package of tax cuts aimed at helping the middle class as part of a new political offensive against Republicans.

Three members of the Senate Democratic leadership, Sens. **bleep** Durbin (Ill.), Charles Schumer (N.Y.) and Patty Murray (Wash.) are leading the effort “to challenge Republicans to join them in cutting taxes for working families, not just the wealthiest Americans,” according to a Democratic aide.

Murray, the ranking member on the Health, Education, Labor and Pensions Committee, has authored two of the proposals, the 21st Century Worker Tax Cut Act and the Helping Working Families Afford Child Care Act.

The first introduces a new tax credit worth up to $1,000 for families in which both parents work.

The second reforms the child and dependent care tax credit to deliver a larger benefit for families. It increases the size of the typical credit from $600 to $2,800 for most middle-income families.

“Our economy has changed a lot in the last few decades, and it’s time for our tax code to change with it,” Murray said in a statement. “Wages for middle class families have been flat even as costs like child care have been rising. And while Republicans continue to call for more tax cuts for the wealthiest Americans and biggest corporations.”

Durbin, the Senate Democratic Whip; and Sen. Sherrod Brown (Ohio), the ranking Democrat on the Banking Committee, have co-sponsored the Working Families Tax Relief Act. It would expand the earned income tax credit and the child tax credit, extending both indefinitely, according to a summary of the proposal. It would index the child credit to inflation.

Reps. Richard Neal (D-Mass.) and Rosa DeLauro (D-Conn.) are co-sponsoring the House version of the bill.

“The Child Tax Credit and the Earned Income Tax Credit encourage work, help families make ends meet, and lead to healthier and better educated children,” Durbin said in a statement.

 

http://thehill.com/homenews/senate/234577-democrats-launch-tax-offensive

6 Replies
ihmarty543282
Senior Contributor

Re: Dems want tax cuts

The liberal state of New York has made some tax free zones for bussiness and industry so they will move there. WTH.......... I thought giving any corperation a tax break was as nasty as it gets. Just does not work!!!!!

ollie2655
Senior Contributor

Re: HIGHLY UNUSUALFOR DEMONCRATS

TO TRY AND HELP THE MIDDLE CLASS THE DICKTATER AINT GONNA LIKE THIS AS THE WORKING CLASS IS HIS ENEMY BECAUSE THEY BECOME GOP VOTERS WHEN THEY SEE HOW THE DEMONCRATS HURT THEM

Red Steele
Veteran Advisor

Re: Dems want tax cuts

Higher tax environments will attract new business and the higher earning taxpayers that make a socialistic state work. Just ask our Bruce when he posts something that gives Governor Goofy of MN credit for the business climate in MN.

bruce MN
Advisor

Re: Dems want tax cuts

Wondering what any of that has to do wih the notion of lowering taxes on the middle, as the header in this thread brings up?

Red Steele
Veteran Advisor

Re: Dems want tax cuts

simply responding to IH Marty's post about the NY tax free zones designed to attract business. Minnesota, under some governor not named Goofy did the same thing...called them "Enterprise Zones"..

colinnorris1
Senior Contributor

Re: Dems want tax cuts

TO TRY AND HELP THE MIDDLE CLASS THE DICKTATER AINT GONNA LIKE THIS AS THE WORKING CLASS IS HIS ENEMY BECAUSE THEY BECOME GOP VOTERS WHEN THEY SEE HOW THE DEMONCRATS HURT THEM

Your right mollie. Thank god for the unions protecting them.

Y