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Congressman Scott Perry takes issue with cost of Obama plans

Written by Tim Lambert and The Associated Press | Jan 21, 2015 3:46 AM
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(Washington) -- President Obama says he wants to raise taxes on higher-income Americans to pay for lower taxes for the middle class and pay for an education initiative that is a centerpiece of his 2015 agenda.

A portion of the money generated would cover the cost of making community college free.

But Republican midstate Congressman Scott Perry says more needs to be done to help students before they're ready for college.

He points to struggling school districts in Harrisburg and York.

"For many people that are trapped in failing school districts, it's not productive as well, and certainly not as productive as it could be or should be in America," he says.

Perry's district includes Adams County and portions of York, Dauphin and Cumberland counties.

In his State of the Union Address, the president says he wants to raise the top capital gains rate from 23.8 percent to 28 percent on couples making more than a half million dollars, eliminate a tax break on inheritances and impose a fee on large financial firms.

The proposal would generate $320 billion in revenue over 10 years to pay for new tax credits and other measures for the middle class.

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Comments: 1

  • Larry img 2015-01-21 14:42

    Yes, let us restore the tax cuts from the past sixty years!

    When the marginal tax rate for the wealthy and business was high under Republican President Eisenhower our nation was pumping iron.

    We can do it again under these investments in education.

    Only since we began tax cuts with the promise of job creation from the wealthy and business did we begin having a debt crisis stop investing in our nation, and no resulting job growth.

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