New TV Ad Campaign Holding Republicans Accountable for Giving Millionaires a $150,000 Tax Break…
…While Raising Taxes on 25 Million Working Families
Is This the GOP’s Idea of Fair & Balanced? Senator Heller, U.S. Reps. Renacci, Rehberg, Lungren, Steve King Pushed to Stop Tipping the Scales Against America’s Middle-Class
August 6, 2012
Click Below for Each Version of "Fair and Balanced"
National cable version: http://www.youtube.com/watch?v=MNLqHAZIgRk
U.S. Sen. Dean Heller (R-NV): http://www.youtube.com/watch?v=2_2lciSPA54
U.S. Rep. Jim Renacci (OH-16): http://www.youtube.com/watch?v=c6ZJmDqOzcQ
U.S. Rep. Denny Rehberg (R-MT-AL): http://www.youtube.com/watch?v=MqWoKXb7dB8
U.S. Rep. Steve King (R-IA-5): http://www.youtube.com/watch?v=OAdJLaR6pJQ
U.S. Rep. Dan Lungren (R-CA-03): http://www.youtube.com/watch?v=QNFuU6-_rlk
Washington DC – AFSCME and Americans United for Change have teamed up to launch a $280,000 TV ad campaign demanding Republicans in Congress stop tipping the scales against the middle-class and make the richest 2% pay their fair share in taxes. See script below for “Fair and Balanced” airing on August 6 and 7 on national cable (CNN, MSNBC) and on heavy rotation on local broadcast television making examples of U.S. Sen. Dean Heller (R-NV) in the Las Vegas and Reno, NV media markets; U.S. Reps. Jim Renacci (R-OH-16) in Cleveland, Denny Rehberg (R-MT-AL) in Billings, Butte, and Missoula; Steve King (R-IA-5) in Des Moines and Sioux City; and Dan Lungren (R-CA-03) in Sacramento.
AFSCME President Lee Saunders: “When the rich get tax breaks they don’t need and this country can’t afford, working families get stuck with the bill. It is time for the wealthiest two percent to pay their fair share. We must pull together and tell Congress to make the tax code fair for everyday Americans who work hard, play by the rules and do their part.”
Tom McMahon, Executive Director, Americans United for Change: “Republicans in Congress are willing to protect tax breaks for the richest 2% and big oil companies at any cost, even if means hiking taxes on 25 million middle-class families. If tax cuts for the rich were really the key to economic growth, how do these Republicans explain why President Bush’s millionaire tax breaks resulted in the worst presidential jobs record in recorded history? While the Bush tax cuts for the rich certainly failed to create jobs, they were all too successful at running up the national debt. For Congressional Republicans to insist on doing the same irresponsible thing and handing millionaires another $150,000 check or more that they don’t need and the nation can’t afford and expecting a different result is the definition of insanity. It is past time to end the Bush tax cuts for the richest 2%, so that the rich start to pay their fair share. If we don’t, we won’t be able to protect middle-class priorities like education and Medicare from deep cutbacks. Of course, Republicans have already tried to go down that road, voting to end Medicare as we know it through privatization and hiking seniors’ out of pocket costs by $6,000. They need to get their priorities straightened out.”
Ignoring strong public opposition to extending the Bush-era tax cuts to the richest 2% of Americans, on July 25, 2012, Senate Republicans led the charge for protecting tax cuts for the rich at the expense of the middle-class, voting in lockstep for an amendment that would give millionaires a tax break worth $150,000 or more and explode the deficit by $1 trillion. They then voted unanimously against the “Middle Class Tax Cut Act” that would provide a tax cut to 25 million families, avoiding a tax increase scheduled to affect all these families on January 1. The Republican-led U.S. House followed suit on August 1, voting to raise taxes on 25 million working families while preserving the costly Bush tax cuts for the top 2%. House Republicans also rejected alternative legislation, passed in the U.S. Senate, that would have extended tax relief to 98% of Americans and 97% of small businesses and would have removed all worry about the looming middle-class tax hike, as the President is ready to sign it into law right away. Time is running out: how long will Republicans hold middle-class tax relief hostage in order to let their millionaire campaign contributors off the hook from paying their fair share in taxes?
“And then there’s Mitt Romney’s own reverse-Robin Hood tax plan,” added McMahon, “that seeks to raise taxes on middle-class families by as much as $2,000 while giving the top 0.1 percent like Romney a $247,000 tax cut. Romney and Republicans in Congress are on the same page when it comes to taking from the middle-class to give to the rich.”
- Think Progress, Aug 1: Over The Last Nine Years, Bush Tax Cuts Have Delivered $1 Million In Tax Breaks To The Average Millionaire
- National Women’s Law Center: “H.R. 8: A Bill that Hurts Millions of Moms”
- MYTHBUSTER: Busting GOP Myth on Small Business and Taxes
- Center for American Progress: “Standing in the Way of Middle-Class Tax Cuts; The House of Representatives Should Act Now to Pass the Senate Bill to Extend Middle-Class Tax Cuts
- Campaign for America’s Future: “How Tax Brackets Work -- $250,001 Income Pays Five Cents More Tax”
- Center on Budget and Policy Priorities: Bush Tax Cuts Have Provided Extremely Large Benefits to Wealthiest Americans Over Last Nine Years
- Center on Budget and Policy Priorities: Allowing High-Income Bush Tax Cuts to Expire Would Affect Few Small Businesses
- Think Progress: Why Letting The Bush Tax Cuts For The Rich Expire Will Not Hurt The Economy, In Three Graphs
- DPCC: CHARTS: ‘Senate GOP Tax Plan Would Raise Taxes on 25 Million Middle-Class Families’
“Fair and Balanced”
Americans United For Change
VO: In America, everyone should have a fair shot at success
Visual: Balance Scale starting out even
VO: So why are the Republicans trying to tip the scales even more for big corporations and the richest 2 percent?
Visual: Scale having coins slowly fall on one side
Republicans voted to keep tax cuts for the wealthy 2 percent and loopholes for corporations. [HR 8, Vote #545, 8/1/12]
The Senate-Passed Bill Would Have Provided More Tax Fairness but All Republicans Voted Against It. “By 51-48, the Senate passed a Democratic plan to extend the Bush tax cuts for couples making less than $250,000. Vice President Joe Biden arrived on the Senate floor shortly before the vote, preparing to cast a vote for the legislation in the event of a tie. Not one Republican voted for the one-year, $250 billion measure.” [WSJ, 7/25/12]
“Extending tax cuts for 98 percent of Americans would prevent an average middle-class tax increase of $1,600, or about $2,200 for a typical family of four.” [Center for American Progress, 7/31/12]
VO: The Republicans just voted to give people like Donald Trump a tax break worth $150,000 a year while raising taxes on 25 million working families.
Visual: Scale having coins slowly fall on one side
A millionaire making over $1 million gets at least $150,000 from the Bush tax cuts. [Tax Policy Center, 7/5/11]
House Bill Raises Taxes on 25 Million Americans. “The House Republican leadership bill (H.R. 8) purports to extend all tax cuts, including those for the rich, but in fact it would raise taxes on about 25 million working Americans. That is because it lets enhancements to three tax credits benefitting middle- and low-income families expire. H.R. 8 has no chance of reaching the president’s desk—the Senate rejected a substantially identical version—and he would not sign it anyway.” [Center for American Progress, 7/31/12]
The Senate bill would have extended all the Bush tax cuts, but would raise taxes on 25 million middle- and lower-income Americans by ending a tax credit that helps make college affordable (the American Opportunity Tax Credit), the Child Tax Credit and the Earned Income Tax Credit, according to the Joint Committee on Taxation. [Tax Policy Center, 7/25/12]
1A. On August 1, 2012, during the House’s Roll Call vote #545, on final passage of “Job Protection and Recession Prevention Act of 2012” (H.R. 8), Representative ___________ voted “Aye” in support of the legislation. This legislation would give people like Donald Trump a tax break worth $150,000 (see source below). Source: United States House official website.
1B. On August 1, 2012, during the House’s Roll Call vote #543, on the Democratic Substitute (sponsored by Rep. Levin), Representative _________ voted “No” in opposition to the Substitute. This Substitute would provide a tax cut to 25 million families, and thereby avoid a tax increase scheduled to affect all 25 million families (see source below). Source: United States House official website.
2. According to Citizens for Tax Justice, under H.R. 8 (which extends all the Bush tax cuts), a married couple with adjusted gross income between $2 million-$5 million would receive an average federal income tax cut in 2013 of $152,638. Source: Citizens For Tax Justice’s July 16, 2012 report entitled, “Married Couples with Incomes Between $250,000 and $300,000 Would Lose Only 2% of Their Bush Income Tax Cuts under Obama Plan versus GOP Plan”. See page 3; top chart. Report available here.
3. The Democratic Substitute to H.R. 8 would provide a one-year tax cut to 25 million families by extending the American Opportunity Tax Credit, extending and improving the Child tax Credit, and extending the Earned Income Tax Credit’s (EITC) marriage penalty relief and increase for larger families. Representative _______ voted against the Democratic Substitute and its tax cuts to these families, which would result in a tax increase on these 25 million families. Source: The National Economic Council issued a July 2012 report entitled, “The President’s Proposal to Extend the Middle Class Tax Cuts”. See page 8. This report is available here.
VO: That way, the Republicans’ rich friends can just keep on getting richer.
Visual: Show the scale totally tilted toward one side
VO: And the rest of us? We can get ………. (loud noise as the scale crashes down on one side)
Visual: Scale crashing
Paid for by AFSCME and Americans United for Change.