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Apr042014

NRSC - Jeanne Shaheen: Rubber Stamp for Obama's Tax Agenda 

April 3, 2014

OBAMA'S RUBBER STAMP

Jeanne Shaheen Works With President Obama to
Raise Granite Staters' Taxes

Votes with Obama an Astonishing 99% of The Time





Though Democratic Senator Jeanne Shaheen claims to be an independent voice for New Hampshire, her record falls well short of her rhetoric. Jeanne Shaheen has been a rubber stamp for Barack Obama's liberal agenda, voting with the unpopular President a shocking 99% of the time - even to the detriment of workers, families, and businesses in New Hampshire.

When it comes to taxes, Jeanne Shaheen's rhetoric is drastically different from her actions. Jeanne Shaheen has voted with Obama to raise taxes on middle class families and workers, destroying jobs and stifling investment and innovation. Jeanne Shaheen supports the same destructive agenda that Barack Obama champions including: 

  • Devastating: Jeanne Shaheen's vote for ObamaCare means $810 billion in taxes that hurt job growth.
  • Irresponsible: Jeanne Shaheen voted for the Obama-Reid tax bill that would have increased taxes on millions of families and small businesses.
  • Destructive: Jeanne Shaheen voted against a permanent repeal of the Death Tax.
  • Reckless: Jeanne Shaheen voted for the Senate Democrats’ budget that raised taxes nearly $1 trillion.

"President Obama's agenda is basically Jeanne Shaheen's agenda, since one doesn't support someone they disagree with 99% of the time," said NRSC Press Secretary Brook Hougesen. "In Washington, Jeanne Shaheen has consistently supported President Obama's policies, even when they hurt job growth and create uncertainty and unnecessary burdens for Granite Staters. Granite Staters deserve a Senator that isn't just a rubber stamp for the liberal Obama agenda, but someone who will always stand up for the best interests of New Hampshire."

BACKGROUND

Shaheen Voted With Obama To Raise Taxes On The Middle Class, Small Businesses Owners And Farmers And Ranchers

The Joint Committee On Taxation Report Found That ObamaCare Raises Taxes On Middle-Class Americans. “There are a number of tax provisions in the health care bill that may directly increase taxes on some individuals and families earning less than $200,000 and $250,000 per year. Furthermore, other tax provisions in the bill that directly affect businesses may ultimately affect individuals and families earning less than $200,000 and $250,000, respectively, to the extent that increased taxes results in higher prices for the products of the affected businesses.” (Joint Committee On Taxation, Letter To Senator Tom Coburn, 3/20/12)

  • Shaheen Pays For ObamaCare With $810.8 Billion In Job-Killing Taxes On Small Businesses, Investments And Innovation. (“Updated Estimates For The Insurance Coverage Provisions Of The Affordable Care Act,” Congressional Budget Office, 3/12; “Estimated Revenue Effects Of A Proposal To Repeal Certain Tax Provisions Contained In The ‘Affordable Care Act,’” Joint Committee On Taxation, 6/15/12)

In July 2010, Shaheen Voted Against A Permanent Repeal Of The Death Tax. (H.R. 4213, CQ Vote #213: Motion Rejected 39-59: D 2-54; R 37-3; I 0-2, 7/21/10, Shaheen Voted Nay)

  • In April 2009, Shaheen Voted For President Obama’s Fiscal Year 2010 Budget Which Would Have Instituted A 45% Estate Tax, With An Exemption Level Of $3.5 Million. (S. Con. Res. 13, CQ Vote #173: Adopted 53-43: R 0-40; D 51-3; I 2-0, 4/29/09, Shaheen Voted Yea; Editorial, “Night Of The Living Death Tax,” The Wall Street Journal, 3/31/09)

In 2012, Shaheen Voted For The Obama-Reid Tax Bill That Would Have Increased Taxes On Single Filers Earning More Than $200,000, And Joint Filers Earning More Than $250,000. “Passage of the bill that would extend the 2001 and 2003 tax cuts for one year on taxable income of up to $200,000 for single filers or up to $250,000 for joint filers. The bill would set the tax rate for adjusted gross income above $250,000 at 33 percent and for adjusted gross income above $400,000 at 35 percent. It also would expand the child tax credit and extend the college tuition tax credit and the earned income tax credit. It would set tax rates for long-term capital gains and dividends at 20 percent. The bill also would allow a business property deduction of $250,000 and extend the alternative minimum tax provisions for 2012 income.” (S. 3412, CQ Vote #184: Passed 51-48: R 0-46; D 50-1; I 1-1, 7/25/12, Shaheen Voted Yea)

In 2010, Shaheen Voted For A Bill That Would Have Let The Republican Tax Cuts Expire On Income Up To $200,000 For Individuals And $250,000 For Joint Filers. “Motion to invoke cloture (thus limiting debate) on the Reid, D-Nev., motion to concur in the House amendment to the Senate amendment with a further Baucus, D-Mont., substitute amendment no. 4727 that would make permanent the 2001- and 2003-enacted tax cuts on income up to $200,000 for individuals and $250,000 for married couples filing joint returns. The extensions would include current lower tax rates for capital gains and dividends, elimination of the ‘marriage penalty’ and an expansion of the increased child tax credit. It also would extend unemployment insurance benefits for 13 months.” (H.R. 4853, CQ Vote #258: Motion rejected 53-36: R 0-31; D 52-4; I 1-1, 12/4/10, Shaheen Voted Yea)

In March 2013, Shaheen Voted For The Senate Democrats’ Budget That Raised Taxes Nearly $1 Trillion. “Adoption of the concurrent resolution that would set broad spending and revenue targets over the next 10 years. It would allow up to $966 billion in discretionary spending for fiscal 2014, the statutory level reflecting automatic cuts known as sequestration, but would call for replacing the sequester with a combination of revenue increases and spending cuts. It would direct the Finance Committee to produce legislation that would increase revenue by $975 billion over 10 years. It would call for $275 billion in cuts from mandatory health programs without making major structural changes to entitlements. It also would call for $23 billion in cuts to agriculture programs and an increase of $100 billion for infrastructure and worker training programs. As amended, the resolution would allow for a repeal of the 2.3 percent excise tax on medical devices and the creation of a biennial budget and appropriations process.” (S. Con. Res. 8, CQ Vote #92: Adopted 50-49: R 0-45; D 48-4; I 2-0, 3/23/13, Shaheen Voted Yea)

  • Shaheen Voted Against An Amendment That Would Have Removed The Tax Increases From The Budget. “Grassley, R-Iowa, amendment no. 156, that would create a deficit-neutral reserve fund to pay for the impact of any legislation to implement a revenue-neutral tax overhaul. The amendment would strike reconciliation instructions that would direct the Finance Committee to produce legislation that would increase revenue levels by $975 billion over the next 10 years.” (S. Con. Res. 8, CQ Vote #49: Rejected 45-54: R 45-0; D0-52; I 0-2, 3/21/13, Shaheen Voted Nay)

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