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Countdown to historic tax increase: 31 days
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December 01, 2010
Republican leadership is set to meet with President Obama’s economic team today to continue discussions about the Democrat’s pending tax increase. While Republicans are opposed to any tax hikes, Democrats continue to send mixed messages. For several months, the White House and the liberal leadership in Congress have signaled support to increase taxes on small businesses and individuals making over $250,000. However, according to ABC News, White House spokesperson Robert Gibbs today announced a willingness to preserve the current tax rates for all Americans for at least two years. Republicans in Congress are eager to work with the President to stop any and all tax increases. The American people have made it clear that they are fed up with Washington’s out of control tax and spend policies. With the national unemployment rate hovering around 10 percent, Americans are continuing to struggle to make ends meet. Republicans and many Democrats both agree that a tax increase during a recession is not conducive to small business growth, who create over 70 percent of new American jobs. Not only will these tax increases take much needed earnings away from Georgians, it will compound the problem by discouraging job creation. As the TEA Party put it, the American people are Taxed Enough Already. I urge the liberal leadership in Congress and President Obama to listen to the message the American people sent in November. I assure you I will continue to vigorously oppose these tax increases and ensure that the American people keep their much needed, hard-earned money.
The opinions expressed below are those of their respective authors and do not necessarily represent those of this office.
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