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Wed, Dec. 19 2012 09:46 AM EDT

Democrats Reject Boehner Plan to Increase Taxes Only on Millionaires

By Napp Nazworth
Speaker of the House John Boehner (R-Ohio) proposed a "plan B" to avoid the "fiscal cliff" in the event that negotiations with President Barack Obama fall through. Plan B would increase taxes on taxable income above $1 million while preventing taxes from going up below that amount. While the Republican plan seeks to protect the middle class from tax increases, Democrats said the plan will not work because they will not vote for it. (A link to this page will be included in your message. )

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