July 25, 2012
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11:53Now PlayingSenator Whitehouse, who led the fight earlier this year to enact the Buffett Rule to ensure that multi-million-dollar earners pay a fair tax rate, urged his colleagues to support the Middle Class Tax Cuts Act. This bill from Senate Democrats would preserve low tax rates for the vast majority of Americans while asking the wealthiest individuals to pay a fair share toward deficit reduction.
The Middle Class Tax Cuts Act would preserve low tax rates on income below $250,000 and would extend tax credits that help students afford college and help struggling families stay afloat.
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