New Jersey Newsroom

NJ Citizen Action Demands Rep. Runyan Reverse Course On Bush Tax Cuts For Richest 2%

New Jersey Newsroom — Thursday, September 13, 2012

BY ANN VARDEMAN
NJ CITIZEN ACTION
COMMENTARY

Mount Laurel, NJ — New Jersey Citizen Action staged a protest and released a web ad today against Rep. Runyan demanding that he reverse his vote to extend the Bush-era tax cuts for the richest 2 percent.

Protesters, who included NJ Working Families Alliance, Grassroots4Change, and other concerned citizens, delivered to Rep. Runyan's Mount Laurel district office a five-foot giant check payable to "Millionaires" from Rep. Runyan, who recently voted to extend the Bush tax cuts for the richest 2 percent for one year. Protesters also handed out smaller versions of the checks to event attendees and passers-by.

Our message to Mitt Romney, Paul Ryan and Jon Runyan is clear: no more tax cuts for the wealthy few at our expense. It's time to make our tax system fair for middle-class New Jerseyans like us who work hard and play by the rules, and to stop rewarding the wealthy who lobby hard to rewrite the rules. The place to start is to end the Bush tax cuts for the richest 2 percent of Americans.

NJ Citizen Action also released an on-line ad criticizing Rep. Runyan for voting to dole out special tax breaks for his wealthiest supporters instead of protecting Medicare and education for the middle class. The ad's script is below:

"Did you know that Rep. Runyan recently voted to give millionaires an average tax break of $160,000 a year? Rep. Runyan also voted to raise taxes on 25 million working families! Tell Rep. Runyan to stop giving huge tax breaks to his millionaire donors, paid for by slashing priorities like Medicare and education. It's time for the richest 2 percent to pay their fair share. Find out more at: www.checksformillionaires.com/Runyan."

The GOP bill to extend the Bush tax cuts for one year, including those that only would go to the richest 2 percent, would give people who make over $1 million a year an average tax cut of $160,000, while raising taxes on 25 million working Americans, according to The National Economic Council. The Romney-Ryan tax plan, which would make the Bush-era tax cuts permanent, including those that only go to the richest 2 percent, and cut their income tax rates by another 20 percent, would give people who make over $1 million an average tax cut of $250,000, according to Citizens for Tax Justice, while increasing taxes on families making less than $200,000 a year by an average of $2,000 a year, according to the Tax Policy Center.

Tax fairness is expected to be a major issue in the November election. The Pew Research Center released a national poll last month showing that 58 percent of respondents believe the rich (defined by the median as those earning $150,000 or more) are under-taxed; only 8 percent say they pay too much. Ending the Bush tax cuts for the richest 2 percent would raise nearly $1 trillion in revenues over 10 years.

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