Wednesday, June 13, 2012

Tiberi Pushing for Tax Cuts for Rich


Republican Rep. Pat Tiberi (OH-12th) is still working on extending those Bush tax cuts.  The wealthy have been doing very well, especially with people like Tiberi defending them.  Scott Keyes interviewed Rep. Pat Tiberi for Think Progress:


Rep. Pat Tiberi (R-OH), a member of the House Ways and Means Committee, defended the House Republican budget at a tax policy summit yesterday — as well as the broader idea that taxes on the wealthy need to be cut while taxes on lower-income Americans should be raised. When asked by ThinkProgress’ Scott Keyes to square the GOP’s explicit desire to cut taxes for the rich with the fact that it’s budget would raise taxes on low-income working Americans, Tiberi responded by saying that to do otherwise would be to “beat up on people who are trying to be successful.” He then made the case for raising taxes on the poor by lamenting that they don’t have any “skin in the game”:

    TIBERI: I think the federal government has an obligation to make sure that we deal    with people who have difficulties. But at the same time, the tax code shouldn’t be used as a tool to just bring revenue in and beat up people who are trying to be successful…So I think we’ve got to lower the tax rates, both for corporations and for American individuals. And let them try to grow our economy and grow jobs so people like you and me can have an opportunity to work....

The budget authored by Rep. Paul Ryan (R-WI), defended by Tiberi, and passed by the House Republicans, would cut taxes for millionaires by an average of $187,000 in 2014 alone, even if tax expenditures are eliminated to offset the revenue loss. Meanwhile, it would allow tax cuts on low-income Americans, passed in response to the economic collapse, to expire. Families making $30,000 or less would see their after-tax income fall, in some cases by as much as 2 percent, while those making over $1 million would see it rise by 12.5 percent....

As long as Republicans like Pat Tiberi, Steve Stivers, Jim Renacci, John Boehner , and the rest of these GOPers keep defending their rich friends and contributors, the rich will get richer, and the poor will get poorer.

Here is a PR Web release which mentions Rep. Pat Tiberi: 

New York, NY (PRWEB) June 11, 2012
Friday, June 8, Congressman Pat Tiberi (R-OH), Chairman of the House Ways and Means Committee Subcommittee on Select Revenue Measures held a hearing to evaluate the framework that Congress should use to assess whether to extend certain tax provisions that either expired in 2011 or will expire in 2012, including New Market Tax Credits (NMTC) and the Low-income Housing Tax Credit (LIHTC). This follows on the heels of an April 26, 2012, Subcommittee hearing on proposals related to tax extenders. At that hearing, Robert W. Davenport, president of the National Development Council (NDC) http://nationaldevelopmentcouncil.org submitted testimony and evidence stressing the importance of extending the NMTC, which expired on December 31, 2011 and the passage of HR 2655, the New Markets Tax Credit Extension Act of 2011....

I wonder if the fact that Pat Tiberi got campaign contributions from Robert Davenport opened the door for Mr. Davenport testify to support the extension of the Bush tax cuts???? OpenSecrets:

DAVENPORT, ROBERT
NEW YORK,NY 10010
NATIONAL DEVELOPMENT COUNCIL3/31/12$1,000Tiberi, Patrick J (R)
DAVENPORT, ROBERT
NEW YORK,NY 10010
NATIONAL DEVELOPMENT COUNCIL/FINANC12/20/09$1,000Tiberi, Patrick J (R)