SOURCES: Jobs, Health Care and Education for our Families NOT Tax Breaks for Millionaires

Admin September 25, 2012 0

Fact Sheet Sources

Give an average tax break of $160,000 to the [X#] millionaire households in his district and cut corporate taxes by 30%.

Source:

Voted to give an average tax cut of $160,000 a year to people earning over $1 million and voted to give corporations a 30% income tax cut. The U.S. House of Representatives voted to extend the Bush-era tax cuts to all Americans, including the richest 2 percent. This would give people earning over $1 million a year an average tax break of $160,000.  The 30% corporate tax cut was contained in the U.S. House of Representatives approved Fiscal Year 2013 budget drafted by Rep. Paul Ryan. Sources: Bush tax cut vote: Final Passage of H.R. 8, House Roll Call Vote 545, Aug. 1, 2012, at http://clerk.house.gov/evs/2012/roll545.xml National Economic Council, The President’s Proposal to Extend the Middle Class Tax Cuts, July 2012, at http://www.whitehouse.gov/sites/default/files/uploads/middleclassreport_7_24_2012.pdf

Corporate tax cut vote: H Con Res 112, House Roll Call Vote 151, March 29, 2012, at http://clerk.house.gov/evs/2012/roll151.xml

Millionaires and total households per district: http://democrats.waysandmeans.house.gov/press/PRArticle.aspx?NewsID=12222 

Increase taxes for middle class families by cutting child, college tuition and earned income tax credits. 

Voted to raise taxes on 25 million working Americans by an average of $1,000 by cutting child, college tuition and earned income tax credits. The House-passed extension of the Bush-era tax cuts would raise taxes on 25 million working families to help pay for the tax breaks that only go to the richest 2 percent. It does this by ending a tax credit that helps make college affordable (the American Opportunity Tax Credit) and ending improvements to the Child Tax Credit and Earned Income Tax Credit, which benefit working families.

Sources: Bush tax cut vote: Final Passage of H.R. 8, House Roll Call Vote 545, Aug. 1, 2012, at http://clerk.house.gov/evs/2012/roll545.xml National Economic Council, The President’s Proposal to Extend the Middle Class Tax Cuts, July 2012, at http://www.whitehouse.gov/sites/default/files/uploads/middleclassreport_7_24_2012.pdf

Turn Medicare into a voucher program, increasing the health care costs of the  [X#] future seniors in the district by $6,000 a year. 

Voted for Rep. Paul Ryan’s budget, which would turn Medicare into a voucher program, increasing future seniors’ health care costs by at least $6,000.

Sources: H Con Res 112, House Roll Call Vote 151, March 29, 2012. Medicare in the Ryan Budget, CBPP, March 28, 2012, at http://www.cbpp.org/cms/index.cfm?fa=view&id=3731. For seniors in the district see

For number of future seniors in the distinct:

http://democrats.energycommerce.house.gov/index.php?q=page/district-by-district-impact-of-republican-medicare-plan-and-medicaid-cuts

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