HOUSE Republican Leader John Boehner

Rep. Bachmann: Democrat AMT Bill “Will Hurt the Middle Class Exactly When We Shouldn’t”

Originally posted on GOP.gov:

This morning, Rep. Michele Bachmann (R-MN) debated Ways and Means Chairman Charlie Rangel (D-NY) on CNBC’s “Squawk Box.” Their topic: the Democrat AMT bill on the House floor today.  

Rep. Bachmann on the Democrat AMT Bill: “This bill is a permanent tax increase to give a one-year tax cut. That’s a really a bad deal for the American people.”  

“This is super-sizing American government growth. That’s not the direction the American people want us to go. They want us to cut taxes, not increase taxes.”

Rep. Bachmann on How The Democrat AMT Bill Will Raise Gas Prices: “The bill we are going to see today from Chairman Rangel will hurt the middle class exactly when we shouldn’t. … It has a tax increase on American energy production. That’s the last thing we should do right now when Americans are paying over $4 a gallon.”

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Walberg Blog on the Tax Increase Prevention Act

From “Tim’s Blog”:

“My legislation, H.R. 2734, the Tax Increase Prevention Act, would stop the massive tax increase in the Democrats budget, a tax increase that amounts to $3,000 per taxpayer. Specifically, my bill would make permanent the tax relief of 2001 and 2003, and stop tax increases on raising children, earning money, saving and investing, operating a small business, adopting a child, paying off college loans, and even dying.

“In my state of Michigan, families and businesses have unfortunately felt first-hand the powerful, negative impact of tax increases, as Michigan has experienced job losses, declining personal incomes, diminishing home values, and the highest unemployment rate in the nation. By proposing a massive $3,000 per taxpayer tax increase, Democrats in this Congress are following the same failed blueprint that Michigan Governor Jennifer Granholm used to drive our state economy into a ditch and to destroy Michigan jobs.

“In these turbulent economic times, Congress needs to encourage job creation, hard work, investment, and innovation. With Americans facing rising health care costs, high energy prices, and economic instability, the absolute last thing families need is to be hit with a massive job-killing tax increase.”

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How Much Will the Democrats’ Budget Raise Your Taxes?

From the Office of the Budget Committee Republicans:

The House Democrats’ Budget, expected to be on the floor next week, will impose on American workers and businesses a $683 billion tax hike – the largest in history. The table below illustrates how much more the average taxpayer will be paying on an annual basis under this budget:

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