Senate Democrats

Tag taxes

Schumer Statement In Response To JCT Report On GOP Tax Plan

WASHINGTON, DC—U.S. Senator Charles E. Schumer released the following statement Thursday in response to Senate Finance Ranking Member Orrin Hatch’s claims that the Republicans’ tax plan would only cost $28 billion more than the Democrats’ plan: “This is a smokescreen by the Republicans to disguise their plan’s true impact on the deficit. The truth is,…

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Reid: Republicans Claim To Care About The Deficit, Then Fight For More Tax Breaks For Millionaires & Corporations That Ship Jobs Overseas

Washington, D.C. – Nevada Senator Harry Reid spoke on the Senate floor today regarding the Bring Jobs Home Act, a bill to end taxpayer incentives for companies to outsource American jobs. Below are his remarks as prepared for delivery: If you own a business in this country, your goal is to make a profit. There’s…

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Reid Statement On Republican Defeat Of Small Business Tax Cut

Washington, D.C. – Nevada Senator Harry Reid issued the following statement after Republicans voted to block the Small Business Jobs and Tax Relief Act. “The legislation Republicans blocked was a common-sense proposal that provided small businesses with two tax cuts designed to create jobs. Under our proposal, small businesses would have received a 10 percent…

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Does Mitch McConnell Want To Vote on President Obama’s Tax Cut Proposal Or Not?

9:43 am Wednesday McConnell Asks for Vote on President’s Tax Cuts McConnell: “I ask unanimous consent that … the first two amendments in order to the bill be the Hatch-McConnell amendment No. 2491 … and a Reid or designee amendment to enact the President’s proposal…” [Floor Remarks, 7/11/12] 6:22 pm Wednesday Reid Offers Vote on…

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Reid: Average Tax Rate Lowest Since 1979 – But Still Higher Than The Rate Mitt Romney Pays

Washington, D.C. – Nevada Senator Harry Reid spoke on the Senate floor today regarding a report by the non-partisan Congressional Budget Office showing the average U.S. tax rate is the lowest in more than 30 years. Below are his remarks as prepared for delivery: This week Republicans continued to make the case that millionaires and…

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Reid: Republican Plan Would Raise Taxes On Twenty-Five Million Middle-Class Families

Democrats’ Plan Would Lock in Low Tax Rates for Ninety-Eight Percent of Americans Washington, D.C. – Nevada Senator Harry Reid spoke on the Senate floor today regarding Senator Orrin Hatch’s amendment to the Small Business Jobs and Tax Relief Act, which would raise taxes on 25 million American families. Below are his remarks as prepared…

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Reid: Republicans Should Not Hold A Tax Cut For Ninety-Eight Percent Of Americans Hostage To Extract More Tax Cuts For The Rich

Washington, D.C. – Nevada Senator Harry Reid spoke on the Senate floor today regarding President Obama’s proposal to cut taxes for the 98 percent of American families – including 97 percent of small businesses – that make less than $250,000 a year. Below are his remarks as prepared for delivery: Over the last few years,…

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New Report: Senate Democrats’ Small Business Tax Cut Would Create Close To 1 Million Jobs

Nonpartisan Analysis Projects That Nearly Two-Thirds of New Job Creation Would Come From Small Businesses Manufacturing, Construction Among Industries That Would Get Biggest Boost Study Adds Fresh Momentum to Tax Cut Proposal Ahead of Key Test Vote in Senate Later Today WASHINGTON, DC—The small business tax cut proposal under consideration this week in the Senate…

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Reid: Democrats’ Small Business Tax Cut Would Encourage Hiring, Create Jobs

By Contrast, Republicans’ Plan Would Hand More Tax Breaks to “So-Called Small Business Owners Like Kim Kardashian and Paris Hilton” Washington, D.C. – Nevada Senator Harry Reid spoke on the Senate floor today regarding the Small Business Jobs and Tax Relief Act. Below are his remarks as prepared for delivery: My Republican colleagues talk a…

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Reid Statement On President Obama’s Call To Extend Middle Class Tax Cuts

Washington, DC–Senate Majority Leader Harry Reid issued the following statement after President Obama called for the extension of tax cuts for middle class Americans. “I agree with President Obama that we should extend tax cuts for all American families up to the first $250,000 of income immediately. This will protect middle-class families and allow us…

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