Unions applaud Senate vote for middle class tax cut

tax cut

In a party-line vote of 51-48, the Senate yesterday passed a middle-class tax cut, keeping present tax reductions.

The vote marked the first time the Democratic majority in the current Senate has been able to prevail on the question of taxes and came as the GOP appears nationally to be losing its traditional image as the party that saves people money on their taxes. It will be easier now for Democratic lawmakers campaigning across the country to expose Republicans as interested only in tax cuts for the rich.

Fifty of the 51 Senate Democrats and Sen. Bernie Sanders, Ind.-Vt., backed the tax cut bill. Sens. James Webb, D-Va., Sen. Joseph Lieberman, Ind.-Conn., and 46 Republicans opposed it. Sen. Mark Kirk, R-Ill., was absent.

Democrats at first scheduled the vote on the measure fully expecting a Republican filibuster would kill it. Republicans were out-maneuvered when they agreed not to filibuster in exchange for Democrats agreeing to a prior vote on a GOP substitute that included tax cuts for the rich.. The Republican substitute lost, 54-45.

At the urging of their unions thousands called and e-mailed their senators before each of the two votes. Labor leaders are saying they will put pressure on the House now which, under its Republican leadership, is expected to hold any tax cuts for the middle class hostage until it can get approval of tax cuts for the rich.

"Hard working families often end up paying a higher tax rate than the richest 2 percent," said Lee Saunders, president of the American Federation of State, County and Municipal Employees in a special bulletin to the union's membership. "That's why it is so important Congress lets the Bush tax cuts expire for the wealthy - families making over $250,000 a year," the bulletin, signed also by AFSCME's Secretary-Treasurer Laura Reyes, added.

"With millions of Americans struggling to make ends meet, the president's plan to extend the tax cuts for the middle class and let them expire for the wealthy is a step in the right direction," the union bulletin read.

"A majority of senators and a majority of Americans support our plan to help middle-class families," said Majority Leader Harry Reid, D-Nev. after the vote. "Our plan gives 114 million taxpayers - again 98 percent of American families - certainty that their taxes won't go up, and it reduces the deficit by almost $1 trillion by ending wasteful tax breaks for the rich.

Reid went on to explain the Republican proposal:

"The Republican proposal takes a very different approach - and that is an understatement - to extend tax breaks for the top 2 percent, but it fails to extend tax cuts to help middle-class families. Their plan would hike taxes by another $1,000 for middle-class families while handing out an extra $160,000 tax break to every millionaire."

Photo: Senate Majority Leader Harry Reid, D-Nev. (center) speaking at a press conference in Washington, D.C. At left is his colleague Senator Charles Schumer, D-N.Y. J. Scott Applewhite/AP

 

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  • Commutalism is structured to provide the necessary goods for the survival of everyone and introduces at the same time a new transparent form of Capitalism to trade all those goods which are not necessary, like in a market open to the competition of all superfluous goods

    For the sake of transparency, this new type of Capitalism would rule that each single transaction must be reported on the Net to become visible by anyone (just like an invoice made public) and taxable at the origin with a fix percentage for everyone.

    In such system, all private properties and their owners like also all money transactions and trades of private property must be publicly reported on the Net. This is to prevent unlawful transactions and root out corruption through the immediate confiscation of those goods that have not been reported.

    Moreover, to reduce Greed and restore the financial equilibrium worldwide, it will be enough to eliminate the concept of inheritance. The private property of the people will return to the State after the death of each person to be auctioned among all citizens. People could spend as much as they want to educate their children but inheritance and donations would not be allowed.

    Once the survival is guaranteed for everybody there will be no need to be as tolerant with crime as we are today when the crime is a consequence of our corrupted system.

    In Commutalism, the right to own must be protected and guaranteed also for those who want to work and trade their own Time to obtain more than just the basic necessities provided by the system.

    http://www.wikinfo.org/index.php/Commutalism

    www.wavevolution.org

    Posted by wavettore, 07/26/2012 11:52pm (2 years ago)

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