‘KIND OF A NO-BRAINER’ USACTION APPLAUDS PRESIDENT OBAMA’S REMARKS ON EXTENDING TAX CUTS FOR THE MIDDLE CLASS, CALLS ON CONGRESS TO ACT

Ross Wallen November 28, 2012 0
FOR IMMEDIATE RELEASENov. 28, 2012

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‘KIND OF A NO-BRAINER’ 

USACTION APPLAUDS PRESIDENT OBAMA’S REMARKS ON EXTENDING TAX CUTS FOR THE MIDDLE CLASS, CALLS ON CONGRESS TO ACT

Washington, D.C. — USAction Program Director Alan Charney issued the following statement today in response to President Obama’s call for renewing tax cuts for middle-income Americans and allowing cuts for the richest two percent to expire:

“Allowing taxes to go up an average of $2,200 per family of four would pose an additional hardship on middle-class families that already have suffered through the Great Recession and its aftermath. Furthermore, taking $2,000 out of each middle-class family’s pocketbook would cause a serious drag on economic growth. Fewer consumer dollars mean fewer goods and services bought, which in turn means fewer jobs. That is exactly what we do not need right now.

“The fairest way to address the current fiscal situation and to promote economic growth and middle-class families is to extend tax cuts for the middle class and allow cuts for the wealthiest two percent to expire. It’s actually kind of a no-brainer when you stop and think about it.”

USAction affiliates in nearly 20 states this Saturday, Dec. 1 are engaging in a National Day of Action to convey to Congress the importance of protecting tax cuts for middle income Americans and ending tax cuts for the richest 2 percent.

Since Election Day, as part of a massive grassroots mobilization, USAction affiliates have engaged in more than 50 events aimed at getting this message out. In addition, nearly 25,000 USAction online members have signed a letter to Congress urging that taxes be raised for families earning $250,000 or more a year, and that Congress preserve the promise of Medicare, Medicaid and Social Security.