Senate Majority Leader Harry Reid is reportedly reconsidering tax options for health care reform. According to the Associated Press, Reid is thinking about raising the part of the payroll tax that pays for Medicare on families whose incomes exceed $250,000, the magic number below which President Obama has promised not to raise taxes.

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  • Reid: "Everybody Else, Including Rich People, Are Willing To Pay More" Taxes
    SEN. HARRY REID (D-NV): Listen ... that the rich are getting richer and the poor are getting poorer. The rich know that. The rich are willing to pay more. They're not the ones out here saying, 'please don't tax me.' The only people who feel there shouldn ...
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    05/22/2012 - 7:23 am | View Link
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  • Sources Say Sen. Reid Wants Millionaire Surtax to Pay for Jobs Bill
    Senate Majority Leader Harry ... to Reid's changes. "We offered a balanced way to pay for the American Jobs Act, but if Congress has a better idea that ensures that everyone pays their fair share, we're open to it," Pfeiffer said. On a day rich in ...
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    Get the latest breaking politics news and political coverage of U.S. elections. Get updates on President Obama's White House, Congress and more at ABC News.
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  • Harry Reid
    Harry Mason Reid (/ r iː d /; born December 2, 1939) is an American politician, and senior United States Senator from Nevada, having served since 1987.
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