A senior Democratic aide said the main problem with Boehnerís proposal on rates is that it would raise about $200 billion, not enough to meet Obamaís target for raising a total of $1.4 trillion in new tax revenue as part of a debt deals. Combined with Boehnerís offer to raise $800 billion in new revenue over a decade from a rewrite of the tax code, that would leave $1 trillion in tax revenue.
But for Democrats, the tax proposal also highlights past divisions in the party over the rates.
Boehnerís offer echoes past Democratic proposals for a millionaireís surtax that have always been strongly opposed by the GOP and by many business trade groups in Washington. The latest proposal could drive a wedge in the Democratic caucus, as it resembles proposals that have drawn support from Democrats from states with high-income cities and suburban areas such as California, New York, Connecticut and Illinois. A number of Democrats from New York, for example, have pushed to raise the income ceiling for tax cut extensions to reflect higher average incomes in New York City and surrounding communities.
Following the speeches from elected officials, the crowd stands at long tables as they dig into BBQ, brunswick stew, cadillac rice at the Law Enforcement Cookout at Wayne Dasher's pond house in Glennville, Ga., on Thursday, April 17, 2014.