Godwynn
March to the Sea
- Joined
- May 17, 2003
- Messages
- 20,509
The measure -- sponsored by Obey, Rep. Jack Murtha, D-Pennsylvania, and Jim McGovern, D-Massachusetts -- would require low- and middle-income taxpayers to add 2 percent to their tax bill, while higher-income taxpayers would add 12 to 15 percent, Obey said.
CNN
Obey estimated the surtax would annually generate between $140 and $150 billion dollars which is equivalent to the annual cost of the war in Iraq.
I cannot tell if the Democrats are serious or not. Either way, this is ammunition for the Republicans next year.