The "occupiers" at the White House and in Congress think that not only have they won the election, but they also hold the key to unlocking their wet dream of public policy -- higher taxes so they can continue their spending binge.
Here's how their nefarious plan will play out. First, they blame Republicans for failing to reach a deal before year's end on the "Fiscal Cliff" negotiations. Thus, in January the largest tax hike ever takes place, an income tax increase for all Americans.
Then, Harry Reid brings to a vote in the U.S. Senate a tax cut for "middle income" Americans. Their plan: then accuse House Republicans of forcing a tax increase for their failure to vote for this seemingly reasonable measure.
But we encourage Speaker John Boehner not to fall for it. The House GOP should renew the lower tax rates for all Americans, and pass meaningful spending cuts as well.
The reality is that the American economy is in a fragile state. A tax hike on small business owners, investors, and job creators, would be at precisely the wrong time. It would plunge America into a deeper recession or a more prolonged, slow recovery. That is both bad politics and bad policy.
If the democrats want a tax hike, then let them own it. Have no part in it.
They can account to the taxpayers for the consequences of growing the unproductive part of the economy at the expense of the productive portion, but conservatives should not share in this bad policy or the blame that will come from it.
No comments:
Post a Comment
We follow the "living room" rule. Exhibit the same courtesy you would show guests in your home.