Five Democrats Acknowledge Massive Middle Class Tax Hikes

Dems Vote In Opposition To The Core Of The Democrats’ Health Bill; Just One Of Five Will Be Needed To Stop Tax Hike On 42.1 Million Americans
Senators Bayh, Cantwell, Klobuchar, Lincoln, & Nelson [NE] Vote For Sen. Crapo’s Motion To Recommit (S.Amdt.2961 To H.R.3590, Roll Call Vote #376, Motion To Recommit Failed 45-54: R: 40-0; D 5-52; I 0-2, Sens. Bayh, Cantwell, Klobuchar, Lincoln & Nelson [NE] Voted Aye, 12/15/09)

“Crapo’s Motion Proposes That Families Earning Up To $250,000 A Year — Or Individuals Earning Up To $200,000 — Do Not Have Their Taxes Raised To Pay For Health Care Reform.” (“GOP Woos Health Bill Moderates,” Roll Call, 12/15/09)

Under The Reid Bill: “In 2019, 42.1 Million Individuals And Families Or 25% Of All Tax Returns Under $200,000 Will, On Average, See Their Taxes Go Up.”

“Reid’s Proposal Would Be Financed Through Billions Of Dollars In … New Taxes.” “Like the House bill, Reid's proposal would be financed through billions of dollars in Medicare cuts, as well as new taxes.”( “Senate Health-Care Bill Diverges From House On Key Provisions,” The Washington Post, 11/19/09)

SENATE FINANCE COMMITTEE MINORITY STAFF ANALYSIS OF JOINT COMMITTEE ON TAXATION FINDINGS: “In 2019, 42.1 million individuals and families or 25% of all tax returns under $200,000 will, on average, see their taxes go up.; This is even after taking into account the premium tax credit.” (“Non-Partisan Congressional Analysis Indicates that the Reid Bill Increases Taxes By a 3 to 1 Ratio on People Making Less than $200,000 a Year,” Senate Finance Committee Minority Staff, 12/08/09)

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