House unlikely to pass middle-class tax cut plan as it does not limit reproductive rights or name something after Reagan.
— pourmecoffee (@pourmecoffee) July 25, 2012
Earlier today, the US Senate passed a bill to extend Bush-era tax cuts for another year for middle class Americans (defined as individuals making up to $200,000 and families making up to $250,000). It was, however, an exercise in futility: "Senate Democrats called for House Republicans to act immediately so the president can sign the bill into law. But House Republicans have no plans to do so. They plan to take up their own bill next week that would extend the Bush tax rates for all Americans for one year while taking up comprehensive tax reform."
Where "comprehensive tax reform" equals "further rigging the system in favor of the one-percenters and corporations."
[See also.]
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