Tuesday, October 09, 2012

RELEASE: Baldwin Voted in Favor of Raising Taxes 159 Times

FOR IMMEDIATE RELEASE

CONTACT: Lisa Boothe 608-661-6363 or Lisa@TommyforWisconsin.com


Baldwin Voted in Favor of Raising Taxes

159 Times

Opposed 2010 Tax Cut Compromise and Is More Liberal Than President Obama On Taxes
 
Madison, WI - Throughout this campaign, Madison liberal Tammy Baldwin has done everything she can to run from her extreme tax-and-spend record. However, she cannot cover up the fact that she has voted in favor of higher taxes 159 times over her 14-year career.

In 2010, Baldwin fiercely opposed President Obama's tax cut compromise, which extended the 2001 and 2003 Congressional tax cuts for all Americans. According to President Obama, failure to extend them would have increased taxes by approximately $3,000 on every working American, yet Baldwin still opposed providing tax relief to families in Wisconsin.
 
Baldwin also supported the $1.76 trillion health care law, which includes 20 new or higher taxes and is one of the largest tax increases in history. Even the Wall Street Journal wrote that it is the largest tax increase ever on the middle-class. Baldwin is also the author of the "Buffett Tax," which according to the Milwaukee-Journal Sentinel is a "political gimmick" and if enacted would raise taxes on small business owners across our country.
 
"Madison liberal Tammy Baldwin's vision for Wisconsin is outside of the mainstream," said spokeswoman Lisa Boothe. "Not only did she oppose President Obama's tax cut compromise, but she also supported a health care law that has been deemed the largest tax increase ever on the middle-class. The choice couldn't be clearer for Wisconsin families; Tammy Baldwin has voted in favor of raising taxes 159 times, while Governor Thompson has cut taxes 91 times, saving taxpayers $16 billion."

BACKGROUND

Baldwin Voted Against President Obama's Tax Cut Compromise. "Levin, D-Mich., motion to concur in the Senate amendment to the House amendment to the Senate amendment to the bill that would extend the 2001- and 2003-enacted tax cuts for all taxpayers for two years and revive the lapsed estate tax, setting the tax rate at 35 percent on estates worth more than $5 million for 2011 and 2012. It also would extend unemployment insurance benefits for 13 months and cut the employee portion of the Social Security tax by 2 percentage points." (H.R. 4853, CQ Vote #647: Motion agreed to, thus clearing the bill for the president, 277-148: R 138-36; D 139-112, 12/17/10, Baldwin Voted Nay)
 
President Obama Said A Failure To Extend The 2001 And 2003 Tax Cuts, "Would Be A Chilling Prospect For The American People Whose Taxes Are Currently Scheduled To Go Up On Jan. 1" President Obama: "This would be a chilling prospect for the American people whose taxes are currently scheduled to go up on Jan. 1 because of arrangements that were made back in 2001 and 2003 under the Bush tax cuts. I am not willing to let that happen. I know there's some people in my own party and in the other party who would rather prolong this battle, even if we can't reach a compromise. But I'm not willing to let working families across this country become collateral damage for political warfare here in Washington." ("President Obama: Tax Cut Compromise Is Right Thing To Do," www.thehill.com, 12/7/10)
 
President Obama Said That Failure To Pass A Tax Cut Compromise Would Cause Taxes To Go Up By $3,000 For A Typical Family. President Obama: "Make no mistake: Allowing taxes to go up on all Americans would have raised taxes by $3,000 for a typical American family. And that could cost our economy well over a million jobs." ("President Obama: Tax Cut Compromise Is Right Thing To Do," www.thehill.com, 12/7/10)

ASSOCIATED PRESS:
"Nearly 6 million Americans - most of them in the middle class - will face a tax penalty for not carrying medical coverage once President Barack Obama's health care overhaul law is fully in place, congressional budget analysts said Wednesday. ... And the budget office analysis found that nearly 80 percent of those who'll face the penalty would be making up to or less than five times the federal poverty level. Currently that would work out to $55,850 or less for an individual and $115,250 or less for a family of four." (Ricardo Alonso-Zaldivar, Tax Penalty To Hit Nearly 6M Uninsured People,
Associated Press, 9/19/12)
 
Baldwin Introduced The Paying A Fair Share Act, Also Known As "The Buffett Rule". (The Library Of Congress, thomas.loc.gov, Accessed 4/13/12)
  • Baldwin Was Described As The "House Champion Of Buffett Rule Legislation." "Baldwin is the House champion of the Buffett Rule legislation, which would impose a tax on individuals making more than $1 million." (Meredith Shiner, "Tammy Baldwin Running On 'Buffett Rule,'" Roll Call, 4/16/12)
The Milwaukee Journal Sentinel Described The Buffett Rule As A "Political Gimmick." "Obama's Buffett Rule is a political gimmick... But the Buffett Rule is more likely to spawn a new generation of tax dodges than to usher in a new era of tax fairness. It is, in fact, nothing more than a smoke screen that obscures the possibility of real tax reform." (Opinion, "Buffett Rule Is A Political Gimmick That Won't Work," The Milwaukee Journal Sentinel, 4/11/12)


###

No comments: