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Friday, June 15, 2007

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The Club for Growth: The Democratic Chairman of the House Ways and Means Committee, Charlie Rangel (D-NY), has a message for American taxpayers: "I want your money, and I want it now." Rangel released new legislation this week that will raise the highest income tax rate 4.3 percentage points to 39.3% as part of a plan to reform the Alternative Minimum Tax. Worse, when the Democrats let all the Bush tax cuts expire in 2010, the top income tax rate will soar to 44%. No doubt, Rangel and his buddies will spend America's hard-earned tax dollars on all sorts of crucial programs like subsidies for California spinach growers and peanut storage in Georgia. The Club for Growth released a satirical letter from Charlie Rangel to the American taxpayers. It is worth the read.


Tags: Charlie Rangel, Club for Growth, increased taxes, taxes To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!

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