Showing posts with label 98 percent. Show all posts
Showing posts with label 98 percent. Show all posts

Saturday, December 8, 2012

President Obama's Weekly Address 12/8/12 : Congress Must Extend the Middle Class Tax Cuts

WASHINGTON, DC— In this week’s address, President Obama urged Congress to extend the middle class income tax cuts for 98% of Americans and 97% of small businesses without delay, and made clear that a balanced approach to deficit reduction means that Republicans in Congress must agree to ask the wealthiest Americans to pay higher tax rates.

Saturday, December 1, 2012

President Obama's Weekly Address 12/1/12: Urging Congress to Extend the Middle Class Tax Cuts

President Obama speaks to the American people from a busy factory floor in Pennsylvania about the urgent need to pass the middle class tax cuts, which will give families and businesses preparing for the holidays the certainty they need going into the New Year. Democrats and Republicans must come together to pass one thing that everyone agrees on—extending income tax cuts for 98 percent of American families and 97 percent of small businesses, and there is no reason to wait. The President urges Congress to take action to help grow our economy and strengthen the middle class.

Wednesday, November 28, 2012

NJ GOP HOUSE MEMBERS SHOULD LISTEN TO CONGRESSMAN TOM COLE & CONTINUE MIDDLE-CLASS TAX RELIEF IMMEDIATELY

For Immediate Release:
November 28, 2012

Politico, 11/27: Republican Rep. Tom Cole urged colleagues in a private session Tuesday to vote to extend the Bush tax rates for all but the highest earners before the end of the year — and to battle over the rest later. ... “I think we ought to take the 98 percent deal right now,” [Congressman Cole] said of freezing income tax rates for all but the top 2 percent of earners.


(NEW JERSEY) – With the December 31st expiration date looming for the Bush Tax Cuts, New Jersey’s Republican House members would be wise to join with their colleague Congressman Tom Cole – a member of the House Republican leadership – in doing the right thing: immediately extending tax relief for the middle class and letting the Bush Tax Cuts expire for the wealthiest 2%.

On Election Day, the voters spoke up loud and clear for fairness. And recent polls show both the American people and small businesses do not support continued tax breaks for the richest 2%. If Congress fails to act, the average middle-class family would see a $2,200 spike in taxes - negatively impacting consumer spending and retailers, while killing jobs in the process.

“With near 10 % unemployment and consistently lagging the rest of the country when it comes to jobs, New Jersey needs middle-class tax relief,” said Joshua Henne, spokesman for New Jersey Protect Your Care. “To date, Congressmen such as Jon Runyan, Chris Smith, Leonard Lance and Frank LoBiondo have been reluctant to listen to 60% of Americans or the majority of small business owners who support letting the Bush Tax Cuts lapse for the top 2%. Hopefully, they’ll listen to a fellow staunch Republican who is prepared to put what’s best for his country and the middle-class ahead of special interests and Grover Norquist’s silly pledge.”

As Politico noted, Congressman Cole is no “squish” when it comes to Republican orthodoxy. Cole served as Executive Director of the National Republican Congressional Committee in the 1992 cycle. During George W. Bush’s 2000 campaign cycle, he served as Chief of Staff of the Republican National Committee. In 2008, Cole served as Chairman of the National Republican Congressional Committee.

There’s no time to waste. New Jersey needs middle-class tax relief right now. This Saturday, December 1st there will be 4 activist get-togethers spread across the state where people can learn about the issues facing Congress over the next few weeks. Here, participants can mobilize to make sure New Jersey’s delegation does the right thing by letting the Bush Tax Cuts lapse for the wealthiest 2%. The locations for this Saturday’s sessions are as follows:


1). Toms River: Branch OC Library, 101 Washington Street (1:30 pm – 3:30 pm)

2). Montclair: Unitarian Universalist Congregation, 67 Church Street (11 am – 12:30 pm)

3). Willingboro: Senior Center, 429 John F. Kennedy Way (11 am-12:30 pm)

4). Pleasantville: Christ Worship Worldwide Church, 249 W. Bayview Avenue (10 am – 2 pm)