The point is that this trading tax is something that progressives have been calling for now for years, if not longer, but while they were in a position to actually make it happen, Democrats in Congress were silent about it. Now though, with Republicans, who are dead-set against a tax on stock trading, in control of Congress so that there is no chance of passage, the Democrats as a party are calling for it, with Rep. Chris Van Hollen (D-MD) planning to introduce the measure this week as part of an ironically named “action plan” to combat income inequality which would also include a measure to cut $2000 in income taxes for families earning less than $200,000 a year, and to more nearly triple the child care credit. If the Democrats had passed such measures back when they had the White House and both Houses of Congress, back in 2009 or 2010, they wouldn’t be looking at a Republican Congress today. If they’d proposed such measures last year, when they still at least controlled the Senate, they wouldn’t have lost the Senate last November.
Posted on: Fri, 16 Jan 2015 03:18:56 +0000
Trending Topics
Recently Viewed Topics
© 2015