Sen. Collins surprises your humble narrator and does the right thing, coming out in favor of the payroll tax cut being offered up by Senate Democrats:
Collins said in a phone interview tonight that her goal is to make sure "working families aren't faced with a tax increase come January, frankly at a very bad time given the fragility of our economy."Since the bill doesn't have enough support to make it to the floor, the vote is more or less symbolic.
And while Collins doesn't want to see small business owners hit with a surcharge on the income tax paid by people making more than $1 million, she said the Senate Democrats' proposal does help offset the impact of the surcharge by also applying the payroll tax cut to the first $5 million of an employer's payroll as well as to employees' wages.
But it's an important symbol.
And when a pol as typically obsequious to corporate interests as Susan Collins feels compelled to align herself with working people at the expense of the wealthiest among us, you know the political winds have shifted.
No comments:
Post a Comment