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Paying their fair share on Tax Day

 

April 17, 2012

The Washington Post reports, "Republicans and Democrats clashed in the Senate on Monday over President Obama's proposal to boost taxes on the rich, an issue that similarly divided two Virginians who aspire to be in the chamber -- George Allen (R) and Timothy M. Kaine (D). Obama and his fellow Democrats see the rule as an important step toward a fairer economic system, but Republicans dismiss it as a divisive stunt. Allen, for his part, would vote against the proposal if he were in the Senate, according to campaign spokeswoman Katie Wright."

Progressive Point: Virginians believe that everyone deserves a fair shot. It takes everyone pitching to protect those opportunities, including big corporations and billionaires. It is essential that we invest in America's future--funding transportation projects, keeping our communities safe, and supporting our students and schools. No one enjoys paying taxes, but Virginia's businesses depend on working roads and Virginia's economy depends on an educated workforce.

Virginia's working families pay their fair share and its time everyone else did the same. We need to end tax giveaways for big corporations and the 1%. In the Commonwealth, everyone should get a fair shot, pay their fair share, and play by the same set of rules.

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Get the Facts: Via Media Matters:

  • The wealthiest .1% of Americans' tax rate is at its lowest rate in over 50 years.>

  • Polls continue to show that most Americans support the Buffett Rule and the principle that we should expect more from millionaires and billionaires when it comes to paying taxes.

  • Many millionaires, such as Warren Buffett, Bill Gates, Mark Zuckerberg, and Mike Bloomberg "say the wealthiest Americans like them should do what's right and pay higher taxes."

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