75 Percent of Obama Tax Hikes Would Finance New Spending

Most of us here are not in the loop of what they’re discussing, but I do know this: This government doesn’t need more money — this country needs less government. To take more money out of the real economy and give it to politicians and bureaucrats, no matter who you take it from, is not going to help the middle class or anyone else. The president’s proposal clearly is not a plan, it’s not a solution, it’ll fund the government for a few days. We all realize it’s a political trophy, not a solution. The president’s been campaigning against these tax rates for a long time, and he’ll probably eventually get his tax increases one way or another. … He’s going to get his wish. We’re going to be raising taxes, not just on the top earners. Everyone’s going to pay more taxes next year in this country and I think that’s what the president wants. But, we’ve doubled the size of government and doubled spending over the last ten years. … Tax revenues at current tax rates will probably be at historic highs, and if you look at the facts, we don’t need more revenue, we just need to stop the spending. The president is not going to stop spending… It’s hard to work with someone who I think is intentionally trying to take us over this cliff.
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