Tax and Appropriations

Questions for Republicans on their Tax Cut for Millionaires

We’ve got a number of questions on the “election-year giveaway” (according to Bruce Bartlett) Republicans brought to the House Floor today.  While it’s entertaining watching Republicans contort themselves to make this look like it’s about small businesses, the numbers make it pretty clear that it’s about relief for the wealthiest while everyone else bears the cost.  Here are some questions for Republicans that continue to leave us scratching our heads:

NY Times Editorial: More Help for the Wealthy

For Immediate Release:

April 14, 2012

Contact:

Editorial Board

The New York Times

Taxes are never popular, especially in April of an election year. But the Republicans’ latest effort to tilt the tax code in favor of the wealthy, and starve the government of needed revenue, is particularly cynical.

Bartlett: The Small Business Tax Break That Favors the Rich

For Immediate Release:

March 30, 2012

Contact:

By Bruce Bartlett

The Financial Times

This week, the House Ways and Means Committee reported H.R. 9, the Small Business Tax Cut Act, which would give every business in the United States with fewer than 500 employees a deduction equal to 20 percent of its gross receipts.

A Choice of Two Futures: What Would You Choose?

For Immediate Release:

March 21, 2012

Contact:

Katie GrantDaniel Reilly, 202-225-3130

Office of the Democratic Whip Steny H.  </div>
  
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Hoyer Statement on the President’s Framework for Business Tax Reform

For Immediate Release:

February 22, 2012

Contact:

Katie Grant, 202-225-3130

Office of the Democratic Whip Steny H.<div class=###