Keyword: millionairesurtax

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  • Keystone Blue-Collar Blues

    12/16/2011 4:29:40 AM PST · by Kaslin · 4 replies
    Townhall.com ^ | December 16, 2011 | Larry Kudlow
    The payroll-tax-cut debate is not really about the payroll tax, which is a very weak-kneed economic stimulant and a lackluster job creator because of its temporary nature. Without permanent incentives at lower tax rates, these rebates don’t do anything for growth and jobs. Instead, the key to understanding the payroll-tax debate is to grasp Pres. Barack Obama’s leftist vision of taxing successful earners (the millionaire surtax) and his obsession with clean energy at the expense of fossil fuels. These are ideological positions. They support the Obama vision of class warfare and his attachment to radical environmentalism. And the key to...
  • Senate Democrats rewrite Obama's jobs bill (Reid and Cohorts want to add Millionaire's Surtax)

    10/05/2011 6:30:39 AM PDT · by SeekAndFind · 7 replies
    AP ^ | 10/05/2011 | Erica Werner
    Senate Democrats are scrambling to rewrite portions of President Barack Obama's jobs bill, even as Obama tries to blame Republicans for Congress' failure to act. Senate Republican leader Mitch McConnell moved to call the president's bluff Tuesday by pushing for a quick Senate vote on the bill, but Democratic leader Harry Reid derailed the effort as all sides maneuvered for position in a potentially defining battle in the 2012 presidential campaign. In the Senate, Democrats made plans to jettison provisions that Obama recommended to pay for the $447 billion jobs bill, substituting them with a tax increase on millionaires, officials...