• Allow the Bush-era tax cuts to expire at the end of 2012, but extend marriage relief, credits, and incentives for children, families, and education
• Immediately rescind the upper-income tax cuts in December’s tax deal
• Index the AMT for inflation for a decade (the AMT patch is fully paid for)
• Schakowsky millionaire tax rates proposal (adding 45%, 46%, 47%, 48%, and 49% top rates)
• Tax all capital gains and qualified dividends as ordinary income
• Progressive estate tax (Sanders’ estate tax, repeal of Kyl-Lincoln)
• Limit the rate at which itemized deductions can reduce tax liability to 28%for high earners
• Replace the tax exclusion for interest on state and local bonds with a subsidy for the issuer

• Tax U.S. corporate foreign income as it is earned
• Eliminate corporate welfare for oil, gas, and coal companies
• Enact a financial crisis responsibility fee
• Financial speculation tax (derivatives, foreign exchange)
• Reinstate Superfund taxes

• Enact a public option
• Negotiate Rx payments with pharmaceutical companies
• CMS program integrity and other Medicare and Medicaid savings in the president’s budget
• Prevent a cut in Medicare physician payments for a decade (maintain doc fix)

Social Security

• Raise the taxable maximum on the employee side to 90% of earnings and eliminate the taxable maximum on the employer side
• Increase benefits based on higher contributions on the employee side

• End overseas contingency operations emergency supplementals starting in Fiscal Year 2013,providing $170 billion in FY2012 to fund redeployment, while saving more than $1.8 trillionfrom current law spending levels over ten years.
• Reduce baseline defense spending by reducing strategic capabilities, conventional forces,procurement, and R&D programs