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Those of us who work at community action agencies throughout the state know the families who will benefit from these tax credits. We have watched them struggle during the last few years.
FOR IMMEDIATE RELEASE CONTACT: Caitlin Graf Nation Books 212-340-8162 email@example.com NEW YORK, NY – January 19, 2011 – Senator Bernie Sanders (I-Vt.) will be publishing his now-famous filibuster against the tax cut deal made between the White House and congressional Republicans last month. THE SPEECH: A Historic Filibuster on Corporate Greed and the Decline of [...]
Who would have thought a year ago that the same “Bush” tax cuts that helped drive up our deficit and lead us into major recession would be transformed into the Obama tax cuts; different name, same strategy, same tragedy and same outcome.
Our congressional delegation does us a disservice and is disingenuous. Vermont workers and its large community of retirees along with our concentration of out of work citizens will be the beneficiaries of the president’s proposal.
What the data suggests is that the “wealthy” in Vermont are often “wealthy” one time, when cashing in long held assets to fund retirement.
Douglas: “The compromise reached between President Obama and Republicans is a reasonable approach to helping the American people during this difficult time, while ensuring that tax increases do not burden the recovery.”
I will support President Obama when he is right and oppose the President when he is wrong. I feel the President is wrong to make this deal.
Adding $700 billion to our national debt, as this proposal would do, handcuffs our ability to offer a balanced plan to achieve fiscal stability without a punishing effect on our current commitments, including Social Security and Medicare.
Sanders: “This country already has the most unequal distribution of income and wealth of any major country. While the middle class is in decline, the people on top are already doing extremely well. For people earning more than $1 million a year, the continuation of the Bush-era tax cuts would amount to an average tax break of about $100,000 a year.”