Congressman Rehberg's ‘Refunds’ go to the Super Rich

Millionaire Congressman has a history of ‘refunding’ your tax dollars back to his fellow millionaires

Montana’s millionaire Congressman Dennis Rehberg blows smoke about fiscal responsibility to Montanans, while his record has added billions to the federal debt.

Congressman Rehberg has been driving up the federal deficit with irresponsible giveaways to Big Oil for years. Now he's focusing on a budget scheme called the ‘REFUND’ act.

What Congressman Rehberg hides is that he’s been ‘refunding’ your tax dollars to the richest Americans for the last ten years in Washington DC.

Congressman Rehberg’s giveaways to the super rich have added billions to skyrocketing federal deficits.

Here’s a brief history of how Congressman Rehberg’s ‘refunds’ to his fellow millionaires have driven up the federal debt:
By $70 Billion in 2006  --  In 2006, Rehberg voted in favor of a $70 billion tax cut bill that primarily benefited the richest Americans. The bill passed 244-185 [HR4297, Vote #135, 5/10/06].

• The Washington Post called the bill a “windfall for the rich, and a hole in the federal budget.” According to a study by the Brookings Institution Tax Policy Center, Middle-income households would receive an average tax cut of $20, while the 0.2 percent of households with incomes over $1 million would get average tax cuts of $42,000.
• The Washington Post wrote that, “This Congress and administration are putting the nation deeper and deeper in debt to benefit a sliver of the population that doesn’t need the help. Someone’s going to have to pay for these deficit-financed tax cuts eventually, and it’s likely to be your grandchildren.” [Washington Post, 5/11/06]

By $56 billion in 2005 --  In 2005, Rehberg voted in favor of a $56 billion tax cut measure that would extend reduced rates on capital gains and dividends investment income for two years, through 2010. The measure passed 234-197.  [HR4297, Vote #621, 12/08/05]

• Roughly 40 percent of the benefits of the tax package would go to people with incomes above $1 million.
• Households with incomes of less than $100,000 would receive an average tax cut of $29. In contrast, the average tax cut for households with incomes of more than $1 million would be $32,000 in 2009 [Center on Budget & Policy Priorities, “Senate and House Reconciliation Tax-Cut Packages Flawed” 11/29/05].