Wednesday, May 02, 2007
James Dobson on taxes & spending
Recently, the Focus on the Family Action Newsletter written by Dr. James Dobson mentioned the pork and barrell spending at the Federal Level. Normally, groups work on either fiscal policy or moral issues. Then again, taxing and spending are at an immoral level, this action is very appropriate.
"How foolish and self-serving it is, given the financial burden that rides on the shoulders of today’s young parents, that the Democratic Party is seriously considering a series of sweeping tax increases that will make parenting even more difficult. Their proposal calls for an elimination of every tax cut in the past seven years, totaling $400 billion.3 It would be the largest tax increase in U.S. history. It would slash the child tax credit in half, reducing it from $1,000 to $500. Death taxes would rise to the highest level ever, and tax brackets would increase substantially in every bracket, even for low-income families."
"We were given an eye-popping look at their priorities in March when the House and Senate tacked $20 billion and $18 billion respectively in spending onto the bill to fund our troops in Iran and Afghanistan.5 It was an old fashioned “pork fest.”
click here to read the full article