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  • Boehner Is Right: Tell the Wall Street Moguls "No Tax Hikes"

    Speaker of the U.S. House of Representatives John Boehner (R-OH) has made clear that he opposes tax hikes on Americans. Tax hikes would slow the economy even more and kill jobs. But some “titans of finance” want Congress to hike your taxes.

    Lloyd Blankfein of Goldman Sachs uttered to Politico the code words for hike-their-taxes: “It will require some political sacrifice on both sides.” Jamie Dimon of JP Morgan Chase said similarly that “[e]ither a President Obama or Romney will have to deal with this and reach some kind of agreement.”

    Higher taxes would mean less saving, less investment, and fewer jobs. Wake up, Wall Streeters — America needs more jobs, not fewer. With more than 12 million Americans out of work, the job-killing policy prescriptions of the Wall Street leaders make little sense.

    Elected leaders should continue to listen to the voices of the voters. A majority of the voters want less federal spending, not more, and lower federal taxes, not higher. Fatalists sell American democracy short when they say that tax hikes are inevitable to get the federal government financial mess under control.

    Without raising taxes — repeat, without raising taxes — America can drive down federal spending, including by fixing entitlement programs, toward a balanced budget, while maintaining a strong national defense. The Heritage Foundation has proved that it can be done — with Saving the American Dream: The Heritage Plan to Fix the Debt, Cut Spending, and Restore Prosperity.

    America to Goldman Sachs and JP Morgan Chase: Tax hikes are bad for the economy and for jobs. Please stop plotting tax hikes.

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    4 Responses to Boehner Is Right: Tell the Wall Street Moguls "No Tax Hikes"

    1. Bobbie says:

      only the wrongfully educated would suggest more money and ongoing burdens to society's tax payers to clean up the mess caused within the controls of government obsession of their spending addiction.

      Even Big Bird is man enough to knows it's wrong for government to take from people who can barely afford their own while Big Bird and his ceo's are making above a sound living paid by their supporters in the private market with extra unneeded dollars coming out of peoples less than pay checks because of. Compliments of government discrimination, favoritism and continual governance against the will of the people.

    2. I suggest that those want to raise taxes to adopt the "New Buffett Rule" passed by the house:

      The House on Wednesday passed Republicans' own version of the Buffett Rule, which allows wealthy Americans to voluntarily pony up to reduce the deficit.

      • Bobbie says:

        as it should be. No increases to anyone and reductions to the lower incomes makes sense to me. Don't target the wealthy for risking what they did or do to become wealthy, be inspired to do it for yourself. Learn from them without allowing government to slam the door of opportunity on you!

    3. Stirling says:

      The class warfare of the past 4+ years is really not who America is.. Has the Education system (and media)so forgot the lessons of the American Revolution War with England over the issue of Taxes.. We are being fed a European Style propaganda Tax arguement from this administration rather then a Pro-American stance which has made our country into the envy of the world (until this administrations election).

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