This shouldn’t come as a major surprise for most conservatives, but Democrats have signaled that the Bush Tax cuts which passed in 2001 and 2003 will more-than-likely be ending in order to combat the huge federal deficit which we were forced into because of a big Republican government, a liberal Congress and the reckless Obama administration spending spree.
House Majority Leader, Steny Hoyer, said in a speech Tuesday, “As the House and Senate debate what to do with the expiring Bush tax cuts in the coming weeks, we need to have a serious discussion about…whether we can afford to permanently extend them before we have a real plan for long-term deficit reduction.”
While the issue of raising middle-class taxes was glossed over by Hoyer, the ability to raise, “revenue more fairly and efficiently” isn’t fooling anyone. This is a phrase often uttered by those who support the addition of a value-added tax.
Apparently, the Democrats did not see this coming or decided to blindly drag the US into a fiscal whirlwind where the only result is taxing its citizens even more to pay for an ever-growing government. After all, it was only a matter of time before the deficit caught up with the spending and even budget-blind Democrats must now see this.
