Political Quotes

“The Democratic bill preserves these tax rules for working families, including members of the military; the Republican bill does not. So I would urge my friends on both sides of the aisle to do the following: Let's oppose the rule that's on the floor, which gives us a chance to amend the bill. When we amend the bill, let's cancel out the tax increase on the Air Force sergeant of $1,118 and let's cancel out the tax increase on the Marine corporal of $448. Vote ``no.'' [From the Center for American Progress, Aug. 1, 2012] House Republican Tax Bill Leaves Some Military Families Behind Military Families with Modest Incomes Could Lose Important Tax Credits (By Seth Hanlon) The House of Representatives today is scheduled to vote on a House Republican proposal (H.R. 8) that purportedly extends all tax cuts but actually raises taxes on about 25 million families by reducing certain tax credits. The 25 million families include middle-class families and students who currently benefit from a tax credit for college expenses. Others are parents raising children on modest incomes who are helped by the child tax credit and earned income tax credit. Some, as illustrated below, are members of the U.S. military and their families. The competing Democratic proposal, which has already passed the Senate (S. 3412/H.R. 15), extends all income tax cuts for the 98 percent of families with incomes under $250,000 ($200,000 for singles), including these tax credits in their current forms.…”