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Keyword: dnc4taxes

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  • Senate Votes to Raise Taxes on Small Businesses

    07/26/2012 7:38:05 AM PDT · by IbJensen · 55 replies
    Heritage Foundation ^ | 7/26/2012 | Amy Payne
    Yesterday, the Senate narrowly voted (51-48) to raise taxes on 1.2 million small businesses, which will likely kill more than 700,000 jobs at a time when nearly 13 million Americans are out of work. Senators Joe Lieberman (I-CT) and Jim Webb (D-VA) joined all Republicans in bipartisan opposition to the tax hike. This is President Obama’s economic plan. This is what he asked Congress to do. And he recently told a fundraising crowd that his economic plan has been working. “Just like we’ve tried [Republicans'] plan, we tried our plan—and it worked,” he said. But Obama’s Treasury Secretary, Timothy Geithner,...
  • Lawmakers Propose 'War Surtax' to Pay for Troop Increase in Afghanistan

    11/23/2009 8:44:26 AM PST · by Malone LaVeigh · 11 replies · 564+ views
    FOXNews.com ^ | November 23, 2009 | Mike Emanuel
    Rep. David Obey, D-Wis., and Sen. Carl Levin, D-Mich., are proposing new taxes to pay for more U.S. troops in Afghanistan. Two top Democrats say they want to impose a new tax on the wealthy to finance any increase in U.S. troops for the Afghanistan war.