President Obama’s $447 billion jobs package failed to pass the Democratic-controlled Senate after a 50-49 vote this week, as a few moderate Democrats joined Republicans against the measure. One of the points of contention was the lack of support for a new 5.6 percent tax on those who earn more than $1 million.
The measure can come up for a re-vote. Democrats are likely to bring up portions of the bill for a vote, including the proposed new tax on millionaires. In an interview with affiliate WVOC in Columbia, Republican Senator Jim DeMint, who voted against the package Tuesday, said he is adamantly opposed to that millionaire tax. He does say some form of the tax is likely to pass the Democrat majority Senate.
At the same time, a recent NBC News/Wall Street Journal poll indicates that 63 percent of Americans support President Obama’s jobs bill.
Supporters of the tax argue that the American free market system provided the business climate for persons to accumulate wealth and they should be willing to pay their fair share to support the functions of government.
DeMint also commented on the so-called “Occupy Wall Street” movement that has spread to other areas of the country, including South Carolina, is misguided and includes people who don’t understand how the free market system works.
AUDIO: DeMint sees nation moving into class warfare