DAILY NEWS ROUNDUP- AUGUST 3RD, 2012
By Morgan Currier
In today’s news highlights, the labor and community groups come together for fairer tax cuts, the AFL-CIO says they have other priorities than unaffordable tax breaks for the wealthiest Americans, and the Oakland Press reports that Michigan taxpayers are through with Congress’ lavish giveaways.
People’s World, Mark Gruenberg, 8/2/2012
The two votes, whose outcomes were expected, left a large coalition, including the AFL-CIO, AFSCME, the National Education Association and other unions, to campaign for fairer tax cuts all the way through the election. They started by lobbying lawmakers for the bill before the August votes, NEA President Dennis Van Roekel said.
“It’s really critical to end these handouts for the wealthy and big corporations, while the rest of us are trying to just scrape by,” said Van Roekel, an Arizona teacher.
He also said the GOP bill actually penalizes middle-class and working-class taxpayers, who would wind up paying more. “Our 3 million members say they have no more to give,” Van Roekel commented. “The Obama tax plan” – the one that lost – “would benefit the 98 percent.”
AFL-CIO blog, Mike Hall, 8/01/2012
In a letter to House members, the coalition Americans for Tax Fairness, which includes the AFL-CIO, says “ending the Bush tax cuts would restore some basic fairness to our tax system… Simply put, we cannot afford to continue to give large tax cuts to those who need them the least.”
[…]If we continue unaffordable tax breaks for the richest 2 percent, we won’t be able to address critical national priorities demanding attention—such as supporting education, strengthening Medicare, creating jobs, improving our infrastructure and helping the millions of families struggling to get by.
Not only that, but new analysis from the Center for American Progress shows that the Republican plan will raise taxes on roughly 24 million people—because it allows various credits, including the Child Tax Credit, to expire—while maintaining Bush tax cuts for two million wealthy Americans.[…]
The Oakland Press [Michigan], Jerry Wolffe, 8/2/2012
The results were in a study, “Time to Pay Their Fair Share: Michigan Can’t Afford to Extend the Bush-era Tax Cuts for the Wealthy Few.” The report is authored by Americans for Tax Fairness, Citizens for Tax Justice and the National Women’s Law Center. The U.S. Senate passed the Obama plan 51-48 last week.
“These are lavish tax breaks for those who need them the least. This is exactly the kind of special-interest giveaways from Congress that need to end,” said Gilda Z. Jacobs, president and CEO of the Michigan League for Human Services, a member of the Americans for Tax Fairness campaign. “We call on the House to end the Bush-era tax cuts for the richest 2 percent.”