Wednesday, December 12, 2012

Future of party depends on holding the line

GOP-controlled House has never raised taxes - Rep. John Fleming/Washington Times

In the past 100 years, since the authority of Congress to tax income was enumerated in the 16th Amendment, marginal income tax rates have never been raised when Republicans have held the majority in the House of Representatives. For nearly a century, Republican-controlled Houses held the line on tax rates, a Republican coup de pointe to Democratic tax-increase parries. Here’s the question for my fellow Republicans: Do we want to be the first-ever GOP House majority to raise federal marginal income tax rates?