Harry Reid introduced a bill last week known as the Sense Of The Senate On Shared Sacrifice. This bill would raise taxes on millionaires. The argument for this bill is the wealthy can afford to be taxed. ( personally they are right if last year the top 200 businesses can give their CEOs a 23% pay raise they can afford to have a tax raise)
A vote for this bill is said to take place on Thursday. 60 votes is needed to make this pass. The one issue this bill has it doesn't specifically state how much the rich should pay. It basically says millionaires should pay more in taxes.
I personally feel this bill will not pass; however I also feel that the rich ( big business) should be taxed at least 2% more then what they are already taxed now. There has been tax cuts since 2008 and we have only seen a decrease in jobs and an increase in debt.
Please call you local representatives and tell them to vote Yes on Reid's bill. Click Here To Contact Your Local Senator!
Today at 2pm edt 11am pdt Obama is holding a twitter town hall on Jobs and Economy.You can watch the live video Here. If you would like to ask Obama questions about jobs/economy Click Here!
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