Elaine Marshall Supports Letting High-Income Tax Cuts Expire

While incumbent Democrats run scared from a fight over letting tax cuts for wealthy Americans expire, some Democratic hopefuls are running openly on President Obama’s platform.

Take Elaine Marshall, running to unseat Sen. Richard Burr in red North Carolina.

“She thinks the rich can pay their fair share,” her spokesman Sam Swartz told TPMDC.“Elaine’s for keeping tax cuts for middle class,” Swartz added. “She thinks that millionaires, investment bankers and hedge fund managers should pay their fair share.”

Marshall’s open to increasing the tax cut threshold, perhaps even creating a new bracket slightly above $250,000 — a plan that’s been discussed among House Democrats. But by and large she’s on board. “She’s said that she’s open to discussing whether the line might be a little bit higher, but she does think it’s fair that millionaires pay their fair share,” Swartz added.

That puts her in the same camp as Senate hopeful Alexi Giannoulias in Democratic-leaning Illinois, who is happy to run for election against Rep. Mark Kirk (R) on ending the Bush tax cuts for the rich.

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