On Tax Day, U.S. Congressman David Cicilline (D-RI) reiterated his call for Congress to take steps to restore tax fairness for the middle class, beginning with the Buffett Rule, which would ensure that people making over $1 million per year do not pay a lower tax rate than middle-class Americans.
"This Tax Day, it's especially important to draw attention to the shortcomings that exist in our tax code as it is currently written. Special interests long ago wielded their influence in Washington, D.C. to create a tax code that allowed wealthy individuals and corporations to avoid paying their fair share while middle class families foot the bill. It is wrong that we continue to ask hardworking Rhode Island family to pay higher tax rates than our nation's wealthiest income earners," said Cicilline.
The "Buffett Rule" is so-named because billionaire Warren Buffett has decried the fact that his secretary pays a higher tax rate than he does. To restore tax fairness and provide tax cuts for economic growth, the Democratic budget alternative that Cicilline supported in the House includes the Buffett Rule, and extends middle class tax cuts while ending the Bush tax cuts for the wealthy. Every House Republicans opposed this budget.
"I came to Congress in order to get things done for working families in Rhode Island. That's why I am disappointed that the special interests have continued to hold up progress in Washington, D.C. and deny middle class Americans a fair deal," added Cicilline. "I hope that my colleagues in the House will finally listen to the men and women who sent them hear and restore a basic sense of fairness to our tax system."