Tax Cuts for Non-Super-Rich Blocked by Senate Republicans


Two Senate votes for Democratic measures to extend George W. Bush–era tax cuts to families making under $250,000 and $1 million failed today. Though they knew damn well the bills would fail, many Democrats said they wanted to go on the record in support of extending lower tax rates to lower earners, and allowing the Bush tax cuts, for the super-rich only, to expire. California senator Dianne Feinstein explained: “There are no signs that millionaires are suffering in this economy. It’s everybody below that.” [TPM, CNN]