All those poor millionaires just couldn't endure giving up 1.9% for the rest of the 99%...now get to work slave!!!

President Barack Obama and fellow Democrats are considering dropping a surtax on millionaires to pay for a payroll tax cut for U.S. workers, a move that would remove a major stumbling block to a compromise deal with Republicans.

Obama discussed the possibility of abandoning the millionaire tax, which Republicans strongly oppose, at a White House meeting with Senate Majority Leader Harry Reid and fellow Democrats, a Senate Democratic leadership aide told Reuters.

If Democrats drop the plan to impose a 1.9 percent surtax on income above $1 million a year, it would clear the way for negotiations with Republicans on a deal before the payroll tax cut, which affects 160 million Americans, expires on December 31.


The tax proposal was seen by some congressional aides as the Democrats' main bargaining chip, one they might be willing to give up if Republicans abandoned an effort to speed up a decision by Obama on the environmentally unsound Keystone XL oil pipeline project between the United States and Canada.