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US

Senate GOP argues data shows Schumer-Manchin deal raises taxes on earners under $400K

The energy and healthcare deal from Sens. Joe Manchin and Chuck Schumer would raise taxes on millions of Americans earning less than $400,000 annually, Senate Republican say, citing non-partisan data.

The Congressional Joint Committee on Taxation found that taxes would jump by $16.7 billion on American taxpayers making less than $200,000 in 2023 and raise another $14.1 billion on taxpayers who make between $200,000 and $500,000.

During the 10-year window, the average tax rate would go up for most income categories, the Senate GOP said, citing the data from the joint committee. And by 2031, new energy credits and subsidies would have people earning less than $400,000 pay as much as two-thirds of the additional tax revenue collected that year, the release said.

“Americans are already experiencing the consequences of Democrats’ reckless economic policies. The mislabeled ‘Inflation Reduction Act’ will do nothing to bring the economy out of stagnation and recession, but it will raise billions of dollars in taxes on Americans making less than $400,000,” said Sen. Mike Crapo, an Idaho Republican who sits on the Senate Finance Committee as a ranking member, and who requested the analysis.

“The more this bill is analyzed by impartial experts, the more we can see Democrats are trying to sell the American people a bill of goods,” Crapo added.

Chuck Schumer
The Manchin-Schumer plan would spend $369 billion on energy and climate initiatives.
AP/J. Scott Applewhite

But Democrats are objecting to the GOP’s assertions with a spokesperson for Senate Finance Chair Ron Wyden stating families “will not pay one penny in additional taxes under this bill,” according to Politico.

The spokesperson, Ashley Schapitl, also said the JCT analysis isn’t complete because “it doesn’t include the benefits to middle-class families of making health insurance premiums and prescription drugs more affordable. The same goes for clean energy incentives for families,” Politico reported.

The Manchin-Schumer plan would spend $369 billion on energy and climate initiatives and another $64 billion to continue federal health insurance subsidies.

Joe Manchin
Manchin believes the bill is “not putting a burden on any taxpayers whatsoever.”
Reuters/Elizabeth Frantz

The measure would raise $739 billion over a ten-year span with much of that money coming from a 15% corporate minimum tax, the West Virginia Democrat and Senate Majority Leader from New York said.

Manchin, in touting the bill, said it “would dedicate hundreds of billions of dollars to deficit reduction by adopting a tax policy that protects small businesses and working-class Americans while ensuring that large corporations and the ultra-wealthy pay their fair share in taxes.” .”

He said on CNN Sunday the bill is “not putting a burden on any taxpayers whatsoever.”

On “Meet the Press” he said, “I agree with my Republican friends, we should not increase and we did not increase taxes.”

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Categories
Entertainment

In the days after his death, those touched by Archie Roach open up about the legacy he leaves behind

From the top of Arnhem Land, where musicians take inspiration from his timeless words, to the streets of Melbourne’s Fitzroy, where fans leave floral tributes on the steps of Charcoal Lane, there seems no place in the country that has not been touched by Archie Roach .

His sons, Amos and Eban, said Archie died surrounded by his family and loved ones at Warrnambool Base Hospital in Victoria.

Archie’s family has given permission for his name, image and music to be used.

However, the love felt for Archie extends far beyond that hospital ward, far beyond state lines and color lines to every corner of the land we call Australia.

Archie leaves behind a legacy of tireless work towards reconciliation and a new generation inspired to carry on his message of healing into the future.

As Australia comes to terms with the loss of one of it’s greatest storytellers, those who were touched by Archie are opening up on what he meant to them.

Flowers wrapped in paperbark outside a yellow door, with a tribute to Archie Roach poster behind.
Tributes were laid outside the Charcoal Lane Aboriginal social enterprise in Melbourne, which shares its name with the singer’s first album.(ABC News: Barrie Pullen)

‘He kept struggling, he kept fighting, he kept believing’

Goanna frontman Shane Howard, a longtime friend of both Archie and his wife, Ruby Hunter, was emotional at the death of a man he considered a brother.

It’s very raw. It’s very real. It’s a lot to lose, but I think Ruby might be calling him home,” Howard said.

The pair toured Australia, the United Kingdom and Ireland together with the Black Arm Band and saw each other just days before Archie’s death.

Archie Roach and Shane Howard.
Archie Roach and Shane Howard toured the world together as part of the Black Arm Band musical theater group.(Facebook: Shane Howard—Goanna)

Remembering his friend as a “deeply cultural being”, Howard says Australians mourning Archie’s passing should continue the reconciliatory work the Gunditjmara (Kirrae Whurrong/Djab Wurrung) singer strove towards for much of his life.

“His ability to keep forgiveness at the front — after all that had happened to him and all that has happened to First Nations people here in this country — his capacity to keep believing that we could reconcile this nation, that we could become a just and fair nation,” he said.

It comes as discussion swirls around the enshrining of an Indigenous Voice to Parliament in the Constitution, an issue Prime Minister Anthony Albanese has pledged to settle as soon as possible.

“Archie’s passing reminds us that we must redouble efforts, and the greatest way we can honor him is to honor those things,” Howard said.

“There is still so much wrong and Archie knew that, but he kept struggling, he kept fighting, he kept believing.”

‘He took the words we could not speak’

Beyond his legacy as one of Australia’s most-acclaimed songwriters, Archie’s passing carries a special meaning for the Stolen Generations.

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