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GOP-led House passes $46b tax cut proposal

Democrat-backed ‘Buffett Rule’ goes down to defeat

Representative Kevin Brady, a Texas Republican, said the tax cut is not ‘about celebrities. It’s about small businessmen.’ Representative Kevin Brady, a Texas Republican, said the tax cut is not ‘about celebrities. It’s about small businessmen.’
By Jonathan Weisman
New York Times / April 20, 2012
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The House on Thursday passed a $46 billion tax cut that would benefit almost every business in the country, after a class-conscious debate that highlighted the gulf between the parties as the sluggish economic recovery drags on.

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