Wednesday, June 23, 2010

Permanent middle class tax cuts too costly

Subject: txt tax - Hoyer:
A top House Democrat said Tuesday that tax increases will eventually be necessary to address the nation's mounting debt, raising a difficult election-year issue as Democrats fight retain control of Congress.

In the near term, House Majority Leader Steny Hoyer raised the possibility that Congress will only temporarily extend middle-class tax cuts set to expire at the end of the year.

He pointedly suggested that making them permanent would be too costly. Tax cuts enacted under former President George W. Bush are scheduled to expire at the end of the year, affecting taxpayers at every income level...

[And representing, at this time of recession, the largest tax increase in our nation's history.
They consider it their money, and they don't care how much harm they cause in pursuit of their socialistic ideology.
It's either them or us - choose wisely.]



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