Top GOP Rep Wants ‘More Pain’ For Middle Class, While Preserving Tax Cuts For The Rich

Top GOP Rep Wants ‘More Pain’ For Middle Class, While Preserving Tax Cuts For The Rich: Throughout the fiscal cliff negotiations Republicans have insisted on preserving tax cuts for the richest 2 percent of Americans, but have dogmatically opposed maintaing a payroll tax holiday that disproportionately benefits the middle class. Payroll taxes fall harder on those lower down the income ladder and economists believe that allowing 2011′s 2-percent decrease to expire [...]/p