Bush Era Tax Cuts http://wfpl.org en Tax Fairness Group Targets McConnell http://wfpl.org/post/tax-fairness-group-targets-mcconnell <p>Senate Minority Leader Mitch McConnell, R-Ky., is being targeted by a progressive group urging lawmakers to let the Bush-era tax cuts expire for those earning more than $250,000 annually.</p><p>The <a href="http://www.jewishjournal.com/oy_gay/item/justice_justice_shall_you_pursue_20120825/">‘If I Were a Rich Man Tour’</a> is a national effort that will make a stop in Louisville on Monday to pressure the GOP leader to back President Obama’s proposal to end the tax breaks for wealthier Americans. Under Mr. Obama's plan, all Americans would keep their current tax rates for the first quarter of a million dollars they earn.</p><p>But Republicans have opposed the idea, arguing that it will be a tax increase on job creators and further slow the economic recovery.</p><p>Tera Greene is a group volunteer with the tour. She says McConnell is being focused on because he is one of the wealthiest lawmakers to oppose the proposal.</p><p>"We’re asking why they continue to vote to line their own pockets instead of defending the best interest of their constituents," he says.</p><p> Mon, 03 Sep 2012 13:55:00 +0000 Phillip M. Bailey 1532 at http://wfpl.org Tax Fairness Group Targets McConnell McConnell Calls Democrats Bluff, Drops Filibuster on Bush Tax Cuts http://wfpl.org/post/mcconnell-calls-democrats-bluff-drops-filibuster-bush-tax-cuts <p>In a surprise move, Senate Minority Leader Mitch McConnell, R-Ky., challenged Democrats to vote on a bill to end the Bush era tax cuts for wealthier Americans.</p><p>For the past week Senate Democrats have been pushing a bill similar to President Obama&#39;s plan to extend the tax relief for income only up to $250,000 annually. Senate Majority Leader Harry Reid promised he had enough votes to pass the 50-vote threshold if not for McConnell blocking a procedural vote with a filibuster.</p><p>Speaking on the Senate floor, McConnell says the tax hike will hurt job creators, but that he is lifting the filibuster so the American people can see where lawmakers stand.</p><p>&quot;The only way to force people to take a stand is to make sure that today&rsquo;s votes truly count. By setting these votes at a 50-vote threshold, nobody on the other side can hide behind a procedural vote while leaving their views on the actual bill itself a mystery to the people who sent them here,&quot; he says.</p><p> Wed, 25 Jul 2012 18:49:08 +0000 Phillip M. Bailey 1120 at http://wfpl.org McConnell Calls Democrats Bluff, Drops Filibuster on Bush Tax Cuts