As Fiscal Cliff Looms, Degetter Joins Middle-Class Coloradoans to Highlight Impact of Potential Tax Increase
Press Release
Today U.S. Rep. Diana DeGette (CO-01) met with middle class Coloradoans from the Denver-area to discuss the impact of the fiscal cliff on their lives. If Congress fails to act and does not extend the middle class tax cut, families could see their taxes increase by an average of $2,200. Here in Colorado that could mean a tax increase for 1.9 million families.
"While Congress works on a balanced agreement to reduce the deficit, build a strong, lasting economy and avert the so-called fiscal cliff, we must extend the middle class tax cuts to ensure taxes aren't raised on families making less than $250,000 a year," said DeGette.
"This week I was proud to join my Democratic colleagues in signing the discharge petition to force a vote on a bill to preserve tax cuts for everyone except the top 2% of wealthiest households. The bill has already passed the Senate and now is awaiting action from the Republican-controlled House. With only days left before our nation reaches the fiscal cliff, the GOP stalemate on extending the middle class tax cuts threatens the security of millions of families, while fighting for the wealthiest among us."
"As a small business owner, the health of our business is dependent on our customer's ability to come in and buy our products," said Denver small business owner Glen Baker. "If that is diminished, it limits our ability to stay in business and provide jobs."
"Raising taxes on my family could mean the difference between coming home to a warm home because I could pay my electric bill, and not have a home to come home to because I could not afford my electric bill or my rent," said Melissa Rapier, a health care worker.
"I'm the primary breadwinner in my family and if the tax cuts are not extended, I'll be hit hard," said Dawn Marquantte, a single mom who works for a property management company. "My kids will feel the impacts the most, as they will no longer be able to participate in extracurricular activities, including the tutor helping them succeed in school."
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