Sunday, March 13, 2011

Deficit Reduction Requires Shared Sacrafice

From Sen. Bernie Sanders in the Huffington Post:

The rich are getting richer. The middle class and poor are getting poorer. What is the Republican solution to the deficit crisis? More tax breaks for millionaires and billionaires. Savage cuts in programs that are desperately needed by working families.

There is another approach, which is why I've just introduced legislation imposing a surtax on those households earning a million dollars or more and the elimination of tax loopholes which the big oil companies take advantage of.


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