Andrew Roth - December 19th, 2012
KEY VOTE ALERT
“NO” on Plan B Rule
The Club for Growth urges all House members to vote “NO” on the rule for the so-called “Plan B” tax increase. Consideration of the bill is scheduled for later this week. The vote on the rule will be included in the Club’s 2012 Congressional Scorecard.
On the substance, this bill is anti-growth. It increases tax rates for those making over $1 million while also raising taxes on capital gains and dividends. We don’t buy into the Washington-speak, suggesting that these are actually tax cuts.
Also, it’s no secret that this bill is not a final product, but a bargaining tactic to make a larger deal even worse. As such, we cannot support it just on substance, but also the procedure which dictates its consideration. Therefore, we are urging all members to oppose the rule.
Our Congressional Scorecard for the 112th Congress provides a comprehensive rating of how well or how poorly each member of Congress supports pro-growth, free-market policies and will be distributed to our members and to the public.