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Politics : Sioux Nation
DJT 11.54+4.2%Nov 28 9:30 AM EST

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To: SiouxPal who wrote (217863)10/5/2011 1:23:43 PM
From: tejek2 Recommendations  Read Replies (1) of 361303
 
Obama can't get even his own Dems to raise taxes. This is crazy. I am done with Dems and liberals. They all suck!

Senate Dems quash tax plan in President Obama's jobs package

By Alexander Bolton


Senate Democrats have jettisoned President Obama’s proposal to raise taxes on families making over $250,000, raising the threshold to $1 million in an attempt to win more Democratic votes.

Democratic leaders say they want to impose a 5 percent surtax on the tax liability of millionaires, which would raise about $445 billion over 10 years — roughly the cost of Obama’s jobs proposal.

Even with the overhaul of Obama’s jobs package, Senate Majority Leader Harry Reid (D-Nev.) said he was not certain it would gain unanimous Democratic support. But Democratic leaders believe the change will broaden the bill’s popularity in their caucus.

read more............

thehill.com
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