RSS Feed
April 26th, 2012 
FAKE NEWS for the Zionist agenda 
Three normally conservative Senators — Tom Coburn (Oklahoma), Mike Crapo (Idaho) and Judd Gregg (New Hampshire) — have voted in favor of the Bowles-Simpson Deficit Reduction Commission’s recommendations for massive tax hikes. Coburn, Crapo, and Gregg are laboring under the grand illusion that tax increases can reduce the deficit.
In fact, the record is the exact opposite! Tax increases dampen economic growth (particularly during a recession) and never bring in the revenue they are supposed to. And, because they hurt the economy, they increase mandatory entitlement spending on Medicaid, welfare, unemployment compensation, and food stamps, thereby eradicating any spending cuts that may have accompanied them.
Coburn, Crapo and Gregg’s vote endorses and sends to Congress a report that calls for a nine-year tax hike of $1.3 trillion, raising the federal tax burden permanently to 21% of GDP as opposed to the average of 18% to date (source: Americans for Tax Reform).
It even eliminates Congressional control over tax increases. They would become automatic after 2013 unless the Commission’s proposals are implemented.
The Commission called for higher tax rates, reduces indexing of tax brackets for inflation, raises the capital gains tax from 15 to 23%, raises Social Security taxes by up to 50% for taxpayers making up to or over $150,000 a year, doubles gas taxes, and makes inheritance taxes at 45% permanent.
Coburn, Crapo, and Gregg had done great harm to our cause by endorsing the idea that a “centrist” approach of combining tax increases and spending cuts is the answer to our deficit. Their approach would lock in Obama’s massive increase in government spending.
When Obama took office, federal, state, and local governments combined accounted for 35% of our economy. Now they are up to 45%, ahead of Britain and Germany! We must roll this back through spending cuts, not ratify it through tax increases.
Judd Gregg is retiring and Coburn and Crapo were just re-elected. Neither said anything about endorsing big tax increases as soon as the ballots were cast. They hid their true intentions from us!
Please, drown Coburn and Crapo in letters and phone calls to protest their betrayal of our cause!! We must make sure that they do not back these tax increases on the floor of the Senate!!! And that their defection does not encourage other RINOs to break ranks!
BANKING SLEEPER CELL ~ RHINOS
Tom Coburn’s contact info is:
Senator Tom Coburn
172 Russell Senate Office Building
Washington D.C., 20510
Phone: 202-224-5754
Fax: 202-224-6008
Senator Tom Coburn
1800 South Baltimore
Suite 800
Tulsa, Oklahoma, 74119
Phone: 918-581-7651
Fax: 918-581-7195
Senator Tom Coburn
100 North Broadway
Suite 1820
Oklahoma City, Oklahoma, 73102
Phone: 405-231-4941
Fax: 405-231-5051
Mike Crapo’s contact info is:
Senator Mike Crapo
239 Dirksen Senate Office Building
Washington D.C., 20510
Phone: 202-224-6142
Fax: 202-228-1375
Senator Mike Crapo
410 Memorial Drive
Suite 204
Idaho Falls, Idaho, 83402
Phone: 208-522-9779
Fax: 208-529-8367
Published on DickMorris.com on December 6, 2010
Related posts:
Views: 0
Posted in 
Tags: 
