Rep. Roskam: Obama Economic Plan Punishes Job Creators
By Patrick Hobin and John Bachman, Newsmax
President Barack Obama’s plan to raise taxes on the nation’s top earners is a path to failure because it ultimately raises taxes on the job creators, Rep. Peter Roskam said.
Roskam, an Illinois Republican on the Ways and Means Committee, told Newsmax.TV in an exclusive interview that a report by accounting firm Ernst & Young confirms what Republicans already knew, which is “to raise taxes at the individual level is to raise taxes on job creators and it also confirms what we’re hearing from other elements within the Democratic Party.”
Roskam was referring to former President Bill Clinton’s statement that that the House, the Senate, and the President should not raise any taxes right now.