WASHINGTON - With the release today of Senate Democrats’ FY 2008 Senate Budget Resolution, American taxpayers face severe tax hikes over the next ten years, according to numerical analysis of the Democrat plan by Americans for Tax Reform (ATR). The analysis shows that taxpayers will be asked to pay an additional $2.1 trillion during the years 2008 to 2017.
Sen. Kent Conrad (D-NY), Chairman of the Senate Budget Committee, claims his plan includes no tax increases and allows for the extension of current tax cuts “but only if the cost of these measures is offset,” according to a statement prepared by the Democrat staff of the committee.
“Like all tax-and-spend politicians, Conrad’s first impulse is to view taxpayer dollars as belonging to the government rather than the taxpayer,” said Grover Norquist, President of ATR. “Every taxpayer should ask Sen. Conrad what he means by the word ‘cost’,” Norquist continued. “Does he mean cost to the government, or cost to the taxpayer? I’ll let you decide.”
In Sen. Conrad’s opening remarks to the Budget Committee today, he boasted of proposals to increase federal government spending while claiming that “without offsets,” the extension of current tax cuts “would severely damage our nation’s finances.”
“From whose perspective is Sen. Conrad viewing his budget plan? When Conrad speaks of severe damage to ‘our nation’s finances,’ he really means ‘government coffers’,” said Norquist. “What about the severe damage to taxpayer wallets?”
The Americans for Tax Reform analysis of the Democrat FY 2008 Budget Resolution can be found at http://www.atr.org/content/pdf/2007/march/031407ot-conrad_chart.pdf
ATR is a non-partisan coalition of taxpayers and taxpayer groups who oppose all federal, state and local tax increases.
Well Huh, imagine that, Democrats trying to take more of our money.