Max Baucus: “Abraham Lincoln is quoted as saying: I am a firm believer in the people. If given the truth, they can be depended upon…”

“Abraham Lincoln is quoted as saying: I am a firm believer in the people. If given the truth, they can be depended upon to meet any national crisis. The great point is to bring them the real facts. There have been a number of inaccurate claims over the past several weeks accusing Democrats of proposing tax hikes. Nothing could be further from the truth. So let me set the record straight, as Lincoln said, and bring them the real facts. Democrats are proposing to extend a tax cut for 100 percent of taxpayers. Under the Democratic proposal, all taxpayers get a tax cut. Those lower income, those middle income, and those upper income all get a tax cut. Everyone does. Millionaires get a tax cut under the Democratic proposal, billionaires get a tax cut under the Democratic proposal, and all taxpayers who pay ordinary income tax are going to get a tax cut. Why is that? It is very simple. Because even if your income is above $200,000 for an individual or $250,000 for a family, you are still getting a tax cut for your first $200,000 of income or the first $250,000 of income. So you are getting a tax cut. Everybody is getting a tax cut. I want to make that clear: All Americans get a tax cut under the Democratic proposal. Even though the most wealthy are also getting a tax cut under the Democratic proposal, those on the other side of the aisle want to give an even greater tax cut to those earning above $200,000 as individuals or $250,000 as a couple.…”