September 21, 2010 12:36 PM | Permalink | 
Last week, 31 House Democrats signed a letter to House Speaker Nancy Pelosi in support of extending the Bush tax cuts for all taxpayers, and thus opposing President Obama’s proposal to allow the tax cuts to expire for the very rich. New data from Citizens for Tax Justice show that two-thirds of the House Democrats who signed that letter represent districts that have less than the average share of taxpayers rich enough to face higher taxes under President Obama’s plan. Further, the claim made in the letter that these very rich taxpayers “are responsible for 25 percent of national consumer spending” is simply incorrect.
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