Tax Breaks For Millionaires; Hikes For Middle Class, Small Businesses

MADISON- At a time when many of his constituents in Racine and Janesville are struggling to keep their homes, put food on their tables, and put gas in their cars, Paul Ryan voted to add one more burden in the form of a tax hike for 98 percent of working families and small businesses.

Representative Paul Ryan and fellow House Republicans’ vote against middle class tax relief comes weeks after Republican Leader John Boehner said he would support extending tax relief only to the middle class. Instead of providing tax relief that would help struggling families and small businesses make ends meet, Paul Ryan is holding these tax cuts hostage to extend tax breaks to millionaires and billionaires.

“In keeping with the Republican tradition of financing tax breaks for the wealthy on the backs of working families and small businesses, Paul Ryan shows where his true priorities lie,” Democratic Party of Wisconsin Chair Mike Tate said Friday.  “Instead of brainstorming new ways to help the rich to get richer, and blocking the Democrats’ efforts to extend emergency unemployment compensation and tax cuts for 98 percent of middle class families and small businesses, Paul Ryan and his fellow Republicans need to focus on passing legislation that will actually help American families.”