Republican Rep. To Propose Surtax On Millionaires

[ProSense]

Republican Rep. To Propose Surtax On Millionaires

By Pat Garofalo

If there’s one thing that House Republicans have stood for since retaking the lower chamber in 2010, it is that any tax increases — even on the wealthiest Americans — were completely off the table. Holding to the mantra of “Washington does not have a revenue problem; Washington has a spending problem,” the GOP has time and again blocked any measure to raise rates on millionaires.

However, one House Republican — Rep. Rick Crawford (AR) — plans to break with the rest of his party today by proposing a surtax on millionaires:

Freshman Republican Rep. Rick Crawford will propose a surtax on millionaires Thursday morning, a crack in the steadfast GOP opposition to extracting more money from the nation’s top earners. [...]

Crawford will propose the additional tax— expected to be north of 2.5 percent — on individual income over $1 million as part of a broader fiscal responsibility package.

“He’s watched the Gangs of Six and 100 and deficit commissions, as well as leadership’s budget and tax plan, and he feels there will never be a deal that will pass the Senate without a revenue component,” a Crawford aide said, describing the legislation without attribution because it has not yet been officially announced.

Crawford has signed the Americans for Tax Reform anti-tax pledge, making him the latest Republican to abandon fealty to anti-tax crusader Grover Norquist’s organization and its destructive pledge. Last week, Rep. Tim Johnson (R-IL) blasted the pledge as “disingenuous and irresponsible.”

- more -

http://thinkprogress.org/economy/2012/03/15/444998/gop-rep-millionaire-tax/

There should be a steady movement pushing this, the Buffet rule, ending subsidies for oil companies and greedy corporations.

[nxylas]

1. Wonder how long he's going to last

I expect the Freepers are even now mobilising to oust this RINO and replace him with someone more deferential to our lords and masters,

[ProSense]

2. Makes me

wonder how many other members of Congress are being pressured on this. There has been relatively no discuss of late about it.

[zipplewrath]

3. I wonder about this

Crawford has signed the Americans for Tax Reform anti-tax pledge, making him the latest Republican to abandon fealty to anti-tax crusader Grover Norquist’s organization and its destructive pledge. Last week, Rep. Tim Johnson (R-IL) blasted the pledge as “disingenuous and irresponsible.”

Are we seeing a crack in the dam, or just two cracks? With Rush going down, could the GOP actually be re-evaluating their most extreme advocates?

[ProSense]

4. One or two

"Are we seeing a crack in the dam, or just two cracks? With Rush going down, could the GOP actually be re-evaluating their most extreme advocates?"

...it's a crack, and it's likely due to pressure.

[pansypoo53219]

5. BUT THIS A HOLE IN THE GROVER'S DYKE!

all it takes is one to see the fucking light!

[tk2kewl]

6. k&r