DPNM Chair Urges Republicans to Join Democrats, Give Small Business A Break

Payroll Tax Cut Extension Would Mean More Money in the Pockets of New Mexican Families

For Immediate Release

Contact: Scott Forrester, (505) 934-5681

Albuquerque, NM – The Senate is expected to vote on an extension of President Obama’s middle-class tax cut package. Ahead of the vote DPNM Chairman Javier Gonzales released the following statement:

“Last year President Obama lowered the payroll tax so middle class families could keep more of what they earn. This year, the President wants to extend and expand that tax break, which would boost our state economy by putting more money in the pockets of approximately 900,000 middle class New Mexico families. But with Republicans like Mitt Romney belittling middle-class tax cuts as nothing more than ‘little band-aids,’ the Republican Party is sending a clear signal to the American people: They’re willing to raise taxes on middle-class Americans just to pay for more tax breaks for millionaires and billionaires and big oil. It’s shameful.

“At a time when we need to continue rebuilding the economy and restore security for the middle class, Republicans’ opposition to the payroll tax cut would mean less money for New Mexicans trying to put food on the table, buy books for college, or pay their mortgage — precisely the opposite of what our economy needs. It’s time for the GOP to put aside their partisan games. I urge the Senate to join with President Obama and the Democrats in Congress to vote to extend and expand the payroll tax cut for middle class families.”

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RESOURCES: See page three of: http://www.whitehouse.gov/sites/default/files/payroll_tax_cuts_for_worki...