Senate Finance Committee Chairman Max Baucus (D-Mont.) today urged his colleagues to drop their opposition to the Paying a Fair Share Act and allow the Senate to debate the bill. From Chairman Baucus:
“Especially at a time when we need to reduce the deficit and boost our economy to create jobs, it just doesn’t make sense for middle-class families and small business owners to pay a higher tax rate than millionaires and billionaires. The Buffett Rule is a step in the right direction. We need comprehensive tax reform that helps our country compete in the global economy, helps businesses create jobs, spurs growth, and ensures that middle-class families aren’t forced to pay a higher tax rate than millionaires and billionaires."
Source: Ranking Member’s News
