Bachmann - Washington doesn’t have a revenue problem, it has a spending problem.
Posted by Andy on March 29th, 2007
The US House Democrats lead by SOTH Nancy Pelosi passed the largest tax increase in American history today on their way out the door for recess. By a vote of 216 to 210, the bill narrowly passed. 15 Democrats didn’t even vote for this bill.
Hats off to the Minnesota Republicans, all 3 of them voted for fiscal sanity and against this job killing tax increase. Reps. Kline (MN2) Ramstad(MN3) & Bachmann (MN6) thank you for trying to stop the Democrats from passing a $400 billion dollar tax increase on Americans.
Congresswoman Michele Bachmann (MN 6) released the following:
(Washington, D.C.) - The House voted today to allow the largest tax increase
in history 216-210. The proposal would allow the tax cuts of 2001 and 2003
to expire, raising taxes $392.5 billion over 5 years. Congresswoman Michele
Bachmann voted against the fiscally irresponsible proposal and released the
following statement:“As a former federal tax attorney, small-business owner and mother of five,
I know that higher taxes and increased government spending is not the path
to continued economic success. Instead of proposing a massive tax increase
of $392.5 billion, Washington should be learning to live within a budget
just like Minnesota families and small business owners.“Under the current proposal, nearly 2 million Minnesotans would see their
taxes rise and more than 480,000 business owners in Minnesota would have
less money to invest in equipment, hire new employees or offer health
benefits for current employees.“Washington doesn’t have a revenue problem, it has a spending problem.
That’s why I have been leading the effort for the American Taxpayer Bill of
Rights, which is guided by four principles:1. Taxpayers have a right to have a federal government that does not
grow beyond their ability to pay for it.
2. Taxpayers have a right to receive back each dollar that they entrust
to the government for their retirement.
3. Taxpayers have a right to expect the government to balance the
budget without having their taxes raised.
4. Taxpayers have a right to a simple, fair tax code that they can
understand.“Over the last 42 months our nation has seen unprecedented economic growth
with the creation of 7.6 million new jobs. I am committed to making sure
that Congress spends taxpayer dollars wisely and continues to pass policies
that will promote, not stifle, job creation and competitiveness.”
Bestill my heart, there is hope for members of Congress. Some of them like Bachmann understand that revenue, also known as your tax dollars, doesn’t just grow on trees. Not only that, but she’s someone who understand that for every increase in the tax burden, there’s a decrease in the amount of money people have.
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