Progressive budget plan: Tax rich, end wars, slash oil subsidies, invest in jobs

posted by
April 11, 2011
The Raw Story    
Posted in News, PND News

"As the focus on Capitol Hill shifts to America's long-run fiscal woes, Congressional progressives are one step ahead of the White House and Democratic leaders in offering a counter-proposal to the House GOP approach. The broad sketch proposes to end the Bush-era tax cuts on high income earners, enact a surtax on millionaires and billionaires, increase the the estate tax and eliminate corporate tax loopholes and subsidies for oil and coal companies. It also aims to create a public health insurance option, end the wars in Iraq and Afghanistan, and invest $1.45 trillion in 'job creation,' energy, housing and education programs." [editor's note: If only they were consistent about ending the wars, most of the rest would be academic - SAT] (04/11/11)  

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