"Holy Cow" -- President Obama Is "Talking About Tax Hikes Again?"

Op-Ed

Date: Aug. 9, 2011
Location: Washington, DC
Issues: Taxes

Last month, the Associated Press reported the White House was considering "raising taxes on small business owners and potentially low- and middle-income families." And now, after another dismal unemployment report and a credit rating downgrade for the United States, President Obama is right back at it, pushing tax hikes on the very people we need to get our economy back to creating jobs…

* "Obama again urges tax hikes to close U.S. debt gap" (Daily Caller, 8/8/11)

* "Obama had all weekend and the best he could come up with was a reiteration of his plea for a "balanced' approach to deficit control. … All he can do is promise to raise taxes." (Washington Post, 8/8/11)

* "He also repeated his familiar agenda that more spending now and higher taxes later will fire up the economy and restore America's financial standing. … As his remarks last week and yesterday showed, his economic agenda is more of the same…" (Wall Street Journal, 8/9/11)

* "holy cow. really? He's talking about tax hikes again?" (POLITICO's Ben White, Twitter, 8/8/11)

"Holy cow" is right -- the president's push is all the more surprising when you consider the American people are against tax hikes "in a big way."

As any struggling family or small business can tell you we don't need higher taxes -- we need to stop Washington from spending money it doesn't have. According to The Hill, S&P gives "more weight to the need for more spending cuts" and warns of further downgrades "if the U.S. does not trim spending."

Republicans are listening, and in April passed a budget that Chairman Paul Ryan (R-WI) told Fox News Sunday "would have prevented this downgrade from happening in the first place" by spurring job growth, reforming and protecting our biggest entitlement programs from bankruptcy, and paying down our debt over time -- without tax hikes. Republicans also passed the Cut, Cap, and Balance Act to rein in the spending and debt that's holding back our economy. Both remain stuck in a Democrat-led Senate.

Congressman Boehner said "[p]roviding economic certainty and creating an environment in which businesses can invest and jobs can flourish must remain our number-one focus." "Raising taxes," Boehner said, "is simply the wrong approach." Learn more about the Republican Plan for America's Job Creators and track the progress of GOP jobs bills at Jobs.GOP.Gov.


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