Taxpayers on the Defensive
Yesterday was tax day. Or at least the one day of the year most Americans focus on the cost of their federal taxes.
We are now 100 days into the new Congress with Democrat majorities in the House and Senate. In the past six years there was a tax cut passed by the House and Senate and signed by the President each and every year.
Fourteen days into this Congress the House of Representatives passed the first tax increase through the House of Representatives in 13 years. No tax hike has passed the House or Senate since 1993 when Clinton raised the AMT and other taxes.
Now Congress is pushing a budget that presumes and would force the largest tax hike in American history.
Taxpayers are on the defensive.
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