Obama and his democrats are hoping to let the tax cuts put in place by George Bush expire. According to Eric Cantor, Minority Whip in the House, this will mean a number of tax increases taking effect January 1, 2011. Why is it that the democrats are so hungry for higher taxes? They expect that such a move will fool Americans into believing that they are finally serious about improving the budget. Will it work?
No. After a two year assault on the taxpayers money with the wasteful and ineffective stimulus packages and now the undefined Obamacare, Cantor says "few Americans are even bothering to listen." Increasing government revenue with more taxes will do nothing to improve our financial health. Even if you double the tax rate, the Washington elite will just spend faster.
For the sake of image and Obama's political career, the democrats are willing to beat up the American people with these tax increases, while they make no effort to cut back on spending. That is not right.
Source Article
Thursday, September 02, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment