Get ready to be taxed by the rats! House Dems C
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House Dems Cave To Progressive Faction By Scrapping Rule To Cut Down On Tax Hikes.
House Democrats caved to their progressive wing Tuesday and decided to scrap a rule that would have required a three-fifths supermajority vote to pass any new tax hikes.
Democratic New York Rep.-elect Alexandria Ocasio-Cortez celebrated the move.
“When I first won, folks said we were too naive, inexperienced, and uninformed to be effective,” Ocasio-Cortez wrote on Twitter Tuesday. “Yet in our first weeks, we elevated Green New Deal to national urgency, secured 30 cosponsors on a Select Committee, and helped stop a bad tax rule. I’d say we’re off to a good start.”
Progressives wanted to do away with the rule completely to use tax hikes to fund programs like Medicare-for-all or tuition-free public colleges, which were two items on Ocasio-Cortez’s platform, reported The Washington Post. Other Democrats including House Minority Leader Nancy Pelosi wanted a compromise: Cut back the rule so that it does not apply to corporations and America’s most wealthy 20 percent of citizens, essentially making easier to raise taxes on them.
https://dailycaller.com/2018/12/12/democrats-...le-change/