Late last night, the House of Representatives voted to approve the legislation embodying Barack Obama’s deal with congressional Republicans to pass a package of tax cuts that includes tax cuts for extremely wealthy Americans, with lowered contributions from investment income and no tax paid at all by heirs inheriting up to 10 million dollars. The tax deal is heavily weighted to favor the extremely wealthy, with typical American families getting a pittance of a benefit in comparison to the rewards given to the rich. Democrats in the House failed to significantly amend the Obama-GOP agreement to make it less regressive.
Pete DeFazio represented liberal fury at the House Democratic leadership’s acquiescence to the irresponsible tax legislation, saying, “It will be a disaster for the American people. It is a bad deal for taxpayers, people who are unemployed and our kids and grandkids.” Nonetheless, many Democrats caved in to Republican demands that the tax legislation be passed. 139 voted in accordance with Barack Obama’s wishes, to pass the tax cuts for the rich. 112 Democrats voted against the legislation.
The following are the names of House Democrats, sorted according their vote last night.
Democrats Voting In Favor Of Tax Cuts For Billionaires:
Democrats Voting Against Tax Cuts For Billionaires