Murray urges GOP to extend tax break

first_imgA stalemate over extending the so-called middle class payroll tax break dragged on Thursday as the Senate rejected dueling proposals from both parties. Democrats want to pay for the tax cut with a surtax on income exceeding $1 million per year.“The choice today was clear, and Republicans made the wrong one,” said U.S. Sen. Patty Murray, D-Wash. “Instead of standing with Democrats and middle class families to extend and expand a critical tax cut, Republicans chose to stand with millionaires and billionaires and protect them from paying a penny more toward their fair share.”Meanwhile, House Republicans promised to put forth their own bill to extend the payroll tax cut and unemployment benefits next week. House Speaker John Boehner, R-Ohio, said during a press conference that the bill would include a controversial provision to allow construction of an oil pipeline from Canada to Texas. President Barack Obama immediately threatened to veto the bill if it contained the pipeline construction, according to ABC News.Without congressional action by Dec. 31, the Social Security payroll tax will climb from 4.2 percent this year to 6.2 percent next year. Under that scenario, about 160 million middle-income American families, including 3.5 million in Washington, would see their take-home earnings decline by about $1,000 per year, Murray has said. Clark County residents earning the median income of $56,351 per year would lose $1,127 in take-home earnings next year, according to an estimate by Murray’s office.That would take a toll on an already weak economy, Murray said.The Democratic senator has been at the forefront of the impasse over the tax cuts. On Wednesday, she took the Senate floor to implore Senate Republicans to approve a Democratic compromise.last_img

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