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December 19, 2012

No-tax group says it's okay to vote for millionaire tax

Voting to increase taxes for millionaires wouldn't violated the no-tax pledge, Americans for Tax Reform said Wednesday.

The group's no-tax pledge is popular with Republicans, and Thursday, the House of Representatives is expected to vote on a plan to retain Bush-era tax cuts for all but those earning more than $1 million.

Here's the Americans for Tax Reform statement:

"ATR has consistently maintained that individual Members of Congress make a pledge to their constituents to oppose and vote against tax increases.  The House this week will vote on a tax bill.  This legislation—popularly known as “Plan B”—permanently prevents a tax increase on families making less than $1 million per year.  Republicans supporting this bill are this week affirming to their constituents in writing that this bill—the sole purpose of which is to prevent tax increases—is consistent with the pledge they made to them.  In ATR’s analysis, it is extremely difficult—if not impossible—to fault these Republicans’ assertion.

"In particular, in this Congress the House has already voted twice to prevent any tax increases on any American.  When viewed with this in mind, and considering this tax bill contains no tax increases of any kind—in fact, it permanently prevents them—matters become more clear.  Having finally seen actual legislation in writing, ATR is now able to make its determination about a legislative proposal related to the fiscal cliff. ATR will not consider a vote for this measure a violation of the Taxpayer Protection Pledge."

 

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