The Delaware chapter of Americans for Democratic Action will be holding a press conference at noon Wednesday in the 2nd Floor Auditorium inside the Carvel State Office Building in Wilmington to once again renew their call for higher taxes on large corporations and the wealthiest Americans.
Delaware organizer Ezra Temko says the group applauds Senator Tom Carper for saying that in voting against the fiscal cliff deal that was reached earlier this month, the deal wouldn't bring in enough new revenue for the federal government. However, Temko says the group was concerned about comments Carper made about the role of entitlement programs, such as Medicare and Social Security, in reducing the federal deficit. Over the last two years, the government has gone about reducing the deficit with $2.50 in cuts for every dollar of new revenue. Americans for Democratic Action and their supporters, including public employee and labor unions, want to see a more balanced approach to deficit reduction. They're calling for no cuts to be made to entitlement and education programs, saying that those cuts would be "devastating" to people who depend on those programs. The group says its message to Sen. Carper is that more revenue is needed.
Temko says Delaware will play a key role in corporate tax reform. He says many companies that are incorporated in Delaware, such as DuPont and FedEx, don't pay any federal taxes, and that's unfair to small businesses.
Among the speakers at the press conference will be Delaware AFL-CIO President Sam Lathem, along with small business owners, retirees who rely on entitlement programs, and representatives of social and economic justice groups.
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