Tuesday, January 1, 2013

Looks Like Even More Tax Increases Coming

Boehner tweets:

 Looks like what they are really going for is even more tax hikes (my highlights)


Speaker Boehner: 2013 Must Be About Cutting Spending and Reforming the Tax Code

 House Speaker John Boehner (R-OH) issued the following statement following passage of the Senate agreement on the fiscal cliff:
“The federal government has a spending problem that has led to a $16 trillion national debt that threatens our country’s future.  On the day after the election, I proposed that both parties work together to avert the fiscal cliff in a manner that would ensure 2013 is the year we finally enact entitlement reform and pro-growth tax reform to begin to solve our country’s debt problem.
“Now the focus turns to spending.  The American people re-elected a Republican majority in the House, and we will use it in 2013 to hold the president accountable for the ‘balanced’ approach he promised, meaning significant spending cuts and reforms to the entitlement programs that are driving our country deeper and deeper into debt. 
“Without meaningful reform of entitlements, real spending controls, and a fairer, cleaner tax code, our debt will continue to grow, and our economy will continue to stumble.  Republicans stand for a stronger, more prosperous America, rich in opportunity and free of the debt that threatens our children’s future.  On this New Year’s Day, we renew our commitment to that vision, humbled by the opportunity to serve.”
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Tax reform is always code talk for higher taxes. We don't need tax reform, we need to cut taxes based on the present code.

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