“… The last thing Oklahoma families need is for Washington to increase their tax burden.”
Jun 04 2008
“During this time of economic uncertainty, skyrocketing prices, and family budgets under strain, the last thing Oklahoma families need is for Washington to increase their tax burden,” Inhofe said. “The Democrats’ Budget Resolution does just that, raising taxes by $1.2 trillion and radically increasing the cost that families will pay for the federal government. As a result, at least 43 million families will owe at least $2,300 more in taxes each year. Additionally, 18 million seniors will owe at least $2,200 more each year, and 27 million small businesses will be hit with a $4,100 tax hike. This monstrous budget surpasses the $3 trillion mark for the first time in our country’s history and includes hundreds of billions of dollars in new spending.
“Unfortunately, this should come as no surprise, as tax and spend Democrats are simultaneously pushing a global warming tax bill that will further raise gas prices, home energy prices, and do untold damage to the American economy by imposing the largest tax increase in American history.”