Flaylo
Handsome Devil
Sen. Susan Collins: Tax The Rich To Fund Payroll Tax Cut For Workers
Basically, the "hurting the job creators" excuse is out of the door, not to mention that the Bush tax cuts produded no created jobs.
By the way, its telling that the Repugs are now saying that tax cuts have to be paid for when they've been arguing before that they don't have to be paid and or that they pay for themselves- but only when it comes to a tax cut for the middle class that doesn't involve the rich. If they want to pay for the tax cut, take Obama's plan to keep the Bush tax cuts for the Middle class intact and let the tax cut for the top 1-2% expire.
But Collins, often a maverick in her party, made a telling departure from the prevailing orthodoxy, arguing that job creators and the rich are not one and the same, and that actual job creators are businesses, such as small corporations and partnerships, that hire people."What I've been looking at is can you carve out those businesses from the surtax, and you can," Collins told reporters just outside the Senate chamber, explaining that there's a difference between working enterprises and idle rich.
"There is already a body of well-developed law in the tax code having to do with active business participation versus passive business participation," she said.
"I think that's the answer to this dilemma. I do not want to impose additional taxes on the employers at a time when our economy is very fragile and we want to encourage them to hire," Collins said. "On the other hand, I do believe that multimillionaires and billionaires who are not running businesses could pay more of their income to help us deal with the deficit."
Basically, the "hurting the job creators" excuse is out of the door, not to mention that the Bush tax cuts produded no created jobs.
By the way, its telling that the Repugs are now saying that tax cuts have to be paid for when they've been arguing before that they don't have to be paid and or that they pay for themselves- but only when it comes to a tax cut for the middle class that doesn't involve the rich. If they want to pay for the tax cut, take Obama's plan to keep the Bush tax cuts for the Middle class intact and let the tax cut for the top 1-2% expire.