US Congress urged to end tax cuts for wealthiest Americans

The rally was held at a time when US President Barack softened his bargaining stance by moving closer to the Republicans on taxes and social security.

proposed Tuesday that tax hikes on wealthy Americans could begin with households earning $400,000, not the $250,000 that he has long called for.

David Aldridge, spokesman for The Action, told Xinhua that the election is over and it is time to make it count.

He said the US Congress has until Dec 31 to make a critical and historic choice. They can ask the richest two percent of Americans to pay their fair share, or they can put more money in wealthy pockets at the expense of the struggling middle class.

There is too much money and power in too few hands and the system is rigged to keep it that way. It's time to level the playing field and make things right, Aldridge said.

 

image
Business Standard
177 22
Business Standard

US Congress urged to end tax cuts for wealthiest Americans

IANS  |  Los Angeles 

The rally was held at a time when US President Barack softened his bargaining stance by moving closer to the Republicans on taxes and social security.

proposed Tuesday that tax hikes on wealthy Americans could begin with households earning $400,000, not the $250,000 that he has long called for.

David Aldridge, spokesman for The Action, told Xinhua that the election is over and it is time to make it count.

He said the US Congress has until Dec 31 to make a critical and historic choice. They can ask the richest two percent of Americans to pay their fair share, or they can put more money in wealthy pockets at the expense of the struggling middle class.

There is too much money and power in too few hands and the system is rigged to keep it that way. It's time to level the playing field and make things right, Aldridge said.

 

RECOMMENDED FOR YOU

US Congress urged to end tax cuts for wealthiest Americans

A group called The Action held a rally here Tuesday, urging the US Congress to end tax cuts for the wealthiest two percent and extend tax cuts for the middle class.

The rally was held at a time when US President Barack softened his bargaining stance by moving closer to the Republicans on taxes and social security.

proposed Tuesday that tax hikes on wealthy Americans could begin with households earning $400,000, not the $250,000 that he has long called for.

David Aldridge, spokesman for The Action, told Xinhua that the election is over and it is time to make it count.

He said the US Congress has until Dec 31 to make a critical and historic choice. They can ask the richest two percent of Americans to pay their fair share, or they can put more money in wealthy pockets at the expense of the struggling middle class.

There is too much money and power in too few hands and the system is rigged to keep it that way. It's time to level the playing field and make things right, Aldridge said.

  image

Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard