Wednesday, November 30, 2011

GOP Willing To Raise Payroll Taxes On 113 Million Households To Spare 345,000 Millionaires From Tiny Surtax

I simply do not understand the train of thought of most of the GOP when it comes to not taxes those who make over 1 million and instead tax the middle and lower class families more. I just don't get it.

GOP Willing To Raise Payroll Taxes On 113 Million Households To Spare 345,000 Millionaires From Tiny Surtax: pSenate Democrats yesterday introduced legislation — as they’ve been promising to — that would extend a soon-to-expire payroll tax cut, and pay for it by implementing a surtax on income above $1 million. Republicans, of course, are opposing the plan, reviving their false claims that taxing the very wealthiest Americans will hit small businesses and [...]/p