2016 Postmortem
Related: About this forumGOP frosh to back millionaires’ tax
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 nations top earners.
The Arkansas Republican will unveil the plan during a local television interview Thursday morning, and plans to introduce legislation when the House returns next week, according to sources familiar with his thinking.
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.
Hes watched the Gangs of Six and 100 and deficit commissions, as well as leaderships 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.
Read more: http://www.politico.com/news/stories/0312/74042.html#ixzz1pDSGfI00
ladywnch
(2,672 posts)I'll reserve judgement till I see the whole package.
Scuba
(53,475 posts)...I'd advocate for about a 40% increase.
ladywnch
(2,672 posts)2.5% for the complete dismantling of Medicare/Medicade/SS
Scuba
(53,475 posts)CAPHAVOC
(1,138 posts)Don't worry the Senate will kill it.
gateley
(62,683 posts)establishment takes courage. And even if it's solely for pragmatic reasons -- "...he feels there will never be a deal that will pass the Senate without a revenue component" -- at least he's dealing with the situation. They've ALL known that yet have refused to yield.
So, good on you, Congressman Rick Crawford!
DFW
(54,405 posts)Hey, the longest journey STILL starts with a single step.
Just make sure it's not the ONLY step, or it will be just a blatant token of pandering, which is worse than nothing.