Sunday, July 15, 2012

Senate Leadership Refuses Vote on Obama Tax Plan




Semi-News/Semi-Satire ^ | 14 July 2012 | John Semmens

Despite insistent pleas from Republicans, Senate Majority Leader Harry Reid (D-Nev) steadfastly refuses to allow a vote on President Obama’s proposal to extend the Bush Era tax cuts for families making under $250,000 per year. Neither will he permit a vote on the GOP proposal to extend those cuts for all taxpayers.

“Look, the president’s objective has already been achieved,” Reid contended. “All the media reported that the President proposed tax cuts for the middle class. For us to debate the specifics or to attempt to pass a bill would only muddy the waters and obscure that message.”
One of the specifics that may be troubling Reid is that the president’s proposal would, if enacted, result in higher taxes for the vast majority of small businesses—an event likely to have negative consequences for economic growth. As a result, several Democratic senators are suspected of favoring extending the Bush tax cuts for all taxpayers. One of them is Senator Robert Menendez (D-NJ) who pointed out that “in New Jersey, a two-income household comprising a police officer and a teacher earns more than $250,000 a year. Do we want to go on record penalizing these hard-working public servants?”
“Rather than give in to Republican efforts to confuse and obstruct we feel it would be best for voters to have a clear choice in front of them,” Reid explained. “If the President is reelected he will have a simple mandate to implement the taxes he deems most appropriate without any further Congressional meddling.”
f you missed any of this week's other semi-news posts you can find them at...
http://azconservative.org/2012/07/14/administration-eases-burdensome-work-requirement-for-welfare-recipients/

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