Democrat Senate Passes Tax Bill To Stick It To Job Creators

Interestingly, if they really cared about the middle class, they’d call for a reduction in taxes on those making less than $200k individual/$250 joint

(Washington Post) The Senate on Wednesday narrowly approved a plan to preserve tax cuts for the middle class while letting them expire for the wealthy, a powerful if largely symbolic victory for Democrats who have been pushing to raise taxes on the rich for more than a decade.

The measure is dead on arrival in the Republican-controlled House, where leaders are preparing to vote next week on their own plan to extend the George W. Bush-era tax cuts for households at every income level through 2013.

The vote was symbolic, because all tax measures must originate in the House. But, the vote shows that Democrats are willing to raise taxes on small business owners in the middle of terrible economic conditions, an increase that is comparable to spit in a large bucket of federal spending.

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