Virginia Virtucon is proud to present as our guest columnist here today, U.S. Rep. Eric Cantor. We extend our thanks to Congressman Cantor for choosing Virtucon as his venue to present this message on the latest congressional Democrat follies over taxes.
“The Mother of All Tax Fights”
by U.S. Rep. Eric Cantor
Virginia Virtucon Guest Columnist
I wanted to drop by today to let you know about a critical legislative debate that is brewing in the U.S. House, a debate that will have a dramatic effect on the nation and will directly impact you and your families.
We have long known that Chairman Charlie Rangel, the leading Democrat on the Ways and Means Committee, would attempt to raise your taxes this fall. However, we did not know the tax hikes would be so sweeping and expansive.
Mr. Rangel has promised that this fall he will host “the mother of all tax bills.” His objectives are clear – a sharp tax increase on American families, small businesses, and investors.
Brushing aside warnings from seasoned economists House Democrats, since taking the reigns of power, have done nothing but play petty politics with America’s economy. Their reckless actions have already had a negative effect.
House Democrats have tried to hide their failures behind the tired liberal rhetoric of class warfare; yet, the simple reality is that just nine months into Democrat control, you are more likely to be unemployed in America, you are more likely to lose your home, and rising interest rates have made it harder for you to achieve the American Dream.
We may be in the minority, but conservative Republicans are not going to allow these taxes to go through without a fight. With your help, it is a fight I know we can win.
Rather than raising taxes on hardworking American families, why don’t the Democrats cut wasteful spending from the massive federal bureaucracy?
The Department of Treasury internally had over $24.5 billion “unreconciled transactions” in one year alone – these are transactions for which auditors cannot account. The bureaucrats spent $25 billion somewhere on something; they don’t know who spent it, where it was spent, or what it was spent on.
Bureaucrats at the Department of Agriculture wasted taxpayer dollars, by making personal purchases with federal credit cards. An internal review that sampled just 300 random employees established a 15% abuse rate among card holders; these are government workers spending your hard-earned money on Ozzy Osbourne tickets, tattoos, lingerie, bartender school tuition, car payments, cash advances, and more. This is just from 300 employees – over 55,000 bureaucrats have government credit cards, including 1,549 cards that are still held by people who no longer work there.
These are just two examples of unacceptable government waste by the federal bureaucracy. Yet, rather than cut this spending, the Democrats want to raise your taxes.
Charlie Rangel promised the “mother of all tax fights.” Well, if he tries to raise your taxes, a fight is exactly what we conservatives will give him.
Filed under: Congress, Eric Cantor, Guest Columnists, Taxes
