Saturday, December 3, 2011

Payroll Tax Cut is Classic 1 Percent Over 99 Percent

Mike Rogers' Republican Party just can't help itself. Right now, they seem to be doing everything they possibly can to help millionaires and billionaires instead of working people. And they aren't even hiding it anymore.

That's clear from the debate over extending President Obama's payroll tax cut, which expires at the end of this year. The tax cut has saved working families an average of $1,000 a year. With the economy slowly recovering, now is not the time to take money out of the pockets of working people.

President Obama has proposed extending the current 2 percent payroll tax cut and increasing it 3.2 percent. That would mean up to $1,500 a year in the pockets of working families, giving a further boost to the economy.

Rather than add to the deficit, President Obama would pay for the tax cut with a surtax on the wealthiest sliver of Americans. You can click here to find out what the tax plan means for you.

So far, Republicans in the Senate have voted against the payroll tax cut in order to protect the 1 percent richest Americans. Let's hope Mike Rogers gets his chance to vote on the payroll tax cut for his constituents in the 8th Congressional District, even if it means Congress is still in session on New Year's Eve.

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