Van Hollen Defending Tax Plan

Maryland Senator Chris Van Hollen is making the rounds of news talk shows to support his Working Americans Tax Cut Act. The proposed legislation would eliminate federal income taxes for low-income earners and add new taxes to those making over one million dollars a year. On CNBC’s Squawk Box, Van Hollen defended the idea of doubling the number of Americans who do not have to pay federal income taxes…

 

 

“Well of course, they do pay. They pay in their FICA taxes, they pay Social Security. People are paying taxes to support the services they’re getting. But let’s ask the question – do you really think if you’re making just the living wage that the federal income tax should take away that money?”