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10-02-2007, 06:15 PM #1
Democrats Propose Tax Surcharge for War
ANDREW TAYLOR
Associated Press
WASHINGTON (AP) - Three senior House Democrats proposed an income tax surcharge Tuesday to finance the approximately $150 billion annual cost of operations in Iraq, saying it is unfair to pass the cost of the war on to future generations.
The plan, unveiled by Reps. David Obey, D-Wis., John Murtha, D-Pa., and Jim McGovern, D-Mass., would require low- and middle-income taxpayers to add 2 percent to their tax bill. Wealthier people would add a 12 to 15 percent surcharge, Obey said.
The plan’s sponsors acknowledged the tax measure is unlikely to pass, and admitted they lacked support from top Democrats, a fact immediately reinforced by the No. 2 Democrat in the House.
“This is not a policy which the Speaker or I have signed off on,â€
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