The Senate on Thursday considered a Sense of the Senate which stated that “any agreement to reduce the budget deficit should require that those earning $1,000,000 or more per year make a more meaningful contribution to the deficit reduction effort.” That set off Hatch, who then took to the floor to defend the wealthy, whose tax rates are at modern lows thanks to the Bush tax cuts.
Hatch said, "I hear how they’re [Democrats] so caring for the poor and so forth. The poor need jobs! And they also need to share some of the responsibility. Now we don’t want the really poor people who are in poverty to pay income taxes. But 51 percent of all households? And that’s going up by the way because of our friend down in the White House and his allies."
What Hatch is speaking about is that 51 (or some high number) don't pay INCOME Tax. They do, however, pay social security tax, medicare tax, sales tax, etc. Additionally, they pay a higher amount of social security tax than the rich do. Why? Because the social security tax is capped at $106,800. Anything over that is free of social security tax.
Since the poor do not pay enough in taxes, Hatch is essentially asking to raise the tax rate on the poor.
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