However, Connolly has indicated that his position on tax cuts goes beyond simply looking out for his wealthy constituents.
Connolly told the Richmond Times-Dispatch he’s making “purely an economic argument” that raising taxes, especially on high-income earners, would be harmful in a weak economy.
“The top 5 percent income-earners in this country generate 30 percent of consumer spending. If you let the top bracket expire right now, you could shave as much as half a point off GDP growth. We can’t afford to do that right now,” Connolly said.
It is certainly a message the Obama administration can’t afford to ignore.