It's time for a tax code that's fair to everyone
July 19, 2012
The Richmond Times-Dispatch reports, "A new statewide poll in Virginia shows a clear majority support President Barack Obama's proposal to let tax breaks lapse for those earning more than $250,000 annually, but half still want his health care law repealed. Fifty-nine percent of those surveyed in a Quinnipiac University poll released Thursday approve of allowing the tax cuts established by former President George W. Bush expire for households earning $250,000 or more if it will help cut the federal budget deficit."
Progressive Point: At a time when Virginia families and small businesses are working harder than ever, our tax system is rigged in favor of the wealthy and big corporations. It's time the tax code was fair to everyone who works hard and plays by the rules. But Mitt Romney thinks it's ok that he pays lower tax rates than Virginia's teachers, nurses, or firefighters.
The President's plan would finally end the wasteful Bush tax cuts that only the richest 2% can get, but conservatives in Congress are trying to protect them by holding tax cuts for everyone else hostage. Our economy works best when we value working families and everyone pays their fair share. We need leaders who'll make sure Wall Street and the rest of the 1% play by the rules, so Virginia families and small businesses can get a fair shot, too.
Get the Facts: