Roskam statement on Obama's tax increase plan

House Deputy Whip Peter Roskam (R-IL) is not a fan of the president's economic plan either.

From a Roskam press release:

It is disappointing that with our economy on the verge of a double-dip recession President Obama is proposing trillions in higher taxes. Small businesses are already begging for mercy from Washington;s high tax and regulatory environment. Higher taxes – and the uncertainty caused by the threat of them – is the last thing American small businesses and job creators need to endure. It's unfortunate but this latest proposal is predictably sad and sadly predictable from an administration that has over-taxed, over-regulated, and over-spent our way to nine-percent unemployment and $14 trillion in debt.

Two years ago the president said, "You don't raise taxes in a recession." And half of all net business income is taxed in the highest two individual income tax brackets according to a non-partisan tax committee.

Related posts:

Weekly GOP Address with Peter Roskam

Huntsman on Obama's tax increase proposal

Perry statement on the president's tax increase plan

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