Republicans: Obama's Budget Plan Adds Up to More Taxes
Minnesota Gov. Tim Pawlenty said Saturday that President Obama has talked about tax relief, but his budget suggests he'll be raising taxes.
AP
www.foxnews.com
Saturday, April 11, 2009
A possible White House contender in 2012 said in the GOP's Saturday address that President Obama and the Democrats who run Congress should lower taxes and hold down spending.
"Let hardworking American families keep more of what they earn by cutting taxes and reining in spending," said Gov. Tim Pawlenty, R-Minn. "It's just common sense."
Obama's Democratic allies in Congress have embraced providing health care to the uninsured, boosting education and promoting clean energy. But they've had differing views on how to find billions of dollars to finance the president's agenda without further exploding the deficit.
Pawlenty said Democratic president's budget will require higher taxes and unfairly loads debt onto future generations. Pawlenty also said Obama has talked about tax relief, but his budget suggests he'll be raising taxes.
"I thought President Obama's proposal to eliminate capital gains taxes for small businesses was a pretty good idea. And his pledge to lower taxes for middle-class Americans was something Republicans wholeheartedly supported," Pawlenty said. "But the budget that Congress is considering doesn't provide that tax relief."
Pawlenty said the administration is not eliminating capital gains taxes for small businesses immediately so they can create jobs now but "keeps those taxes high until after Obama's term in office."
"The federal government should keep a lid on taxes, control government spending and borrow less -- rather than increase the size and scope of the federal government so much that Washington is guaranteeing future tax increases," Pawlenty said, referring to Obama's $3.6 trillion budget proposal.
Pawlenty said his anti-tax message would be welcomed with the approach of the April 15 tax deadline.
Minnesota Gov. Tim Pawlenty said Saturday that President Obama has talked about tax relief, but his budget suggests he'll be raising taxes.
AP
www.foxnews.com
Saturday, April 11, 2009
A possible White House contender in 2012 said in the GOP's Saturday address that President Obama and the Democrats who run Congress should lower taxes and hold down spending.
"Let hardworking American families keep more of what they earn by cutting taxes and reining in spending," said Gov. Tim Pawlenty, R-Minn. "It's just common sense."
Obama's Democratic allies in Congress have embraced providing health care to the uninsured, boosting education and promoting clean energy. But they've had differing views on how to find billions of dollars to finance the president's agenda without further exploding the deficit.
Pawlenty said Democratic president's budget will require higher taxes and unfairly loads debt onto future generations. Pawlenty also said Obama has talked about tax relief, but his budget suggests he'll be raising taxes.
"I thought President Obama's proposal to eliminate capital gains taxes for small businesses was a pretty good idea. And his pledge to lower taxes for middle-class Americans was something Republicans wholeheartedly supported," Pawlenty said. "But the budget that Congress is considering doesn't provide that tax relief."
Pawlenty said the administration is not eliminating capital gains taxes for small businesses immediately so they can create jobs now but "keeps those taxes high until after Obama's term in office."
"The federal government should keep a lid on taxes, control government spending and borrow less -- rather than increase the size and scope of the federal government so much that Washington is guaranteeing future tax increases," Pawlenty said, referring to Obama's $3.6 trillion budget proposal.
Pawlenty said his anti-tax message would be welcomed with the approach of the April 15 tax deadline.