That also means it’s up to Congress to also ensure that the wealthy pay their fair share. “Representative Coffman should not hold out for tax cuts for the richest among us,” said Aurora real estate agent Jeanne May, an Aurora real estate agent and member of Colorado Fair Share. ” He needs vote for middle class tax cuts for people like me, not for tax breaks for millionaires who don’t need them.”
According to the White House’s Council of Economic Advisors, 98 percent of Americans who make less than $250,000 a year and the 97 percent of small businesses that earn less than $250,000 a year would see their taxes increase if the middle class tax cuts aren’t extended. The average middle-class family of four would be hit by an average tax increase of $2,200.
“If Congress stands in the way of extending tax cuts for the 98 percent of Americans who make less than $250,000, small businesses like mine are the ones who get hurt,” said Glen Goodson, owner of A1 Boxing Gym in Aurora. “A ‘my way or the highway’ agenda to protect the richest from paying a dollar more in taxes will force a tax hike on the middle class and shift more of the burden to working families and business owners like me.”
Members of Colorado Fair Share will gather again on December 10 to deliver a petition to Congressman Coffman reminding him that voters sent a clear message this November: they want jobs, not cuts. That means investing in job creation, extending the middle class tax cuts and protecting vital programs like Medicare, Medicaid, and education. Stay tuned.