Today, Congressman Bill Huizenga (R-MI) released the following statement after voting against the latest Democrat legislation to raise taxes on families, farmers, and small businesses across Michigan while adding hundreds of billions of dollars in new spending.
“The impact of soaring inflation is being felt by Americans every time they go to the grocery store, a restaurant, or their favorite small business. This massive tax and spend legislation will add fuel to the inflationary fire, cause prices to soar even further, and make it even more difficult for families across Michigan to make ends meet. Sadly, nearly one-third of Congress couldn’t even be bothered to show up in person today to cast their vote on this Democrat Debacle.
In reality, federal tax receipts in the first 10 months of this fiscal year are up 24%. This translates to the US Treasury receiving $789 billion more than it did at this point last year. This confirms that Washington continues to have a spending problem, not a revenue problem.
This fact also raises several significant questions including:
- Why are Democrats choosing to raise taxes when revenues have significantly increased?
- Why are Democrats choosing to spend $80 billion so the IRS can hire 87,000 new agents when revenues are up?
- Why are Democrats choosing to raise taxes when it will eliminate jobs, increase energy prices, and as the Joint Committee on Taxation found, intensify financial burdens on lower and middle income families?
Original source can be found here.
