Second, the higher taxes that our liberal colleagues call for do nothing to stave off the rising waters of economic uncertainty. During the past 50 years, we have reduced income taxes from a top rate of more than 90 percent to 35 percent. History has shown that when tax rates are reduced, revenue to the federal Treasury increases because families have more money in their pockets and businesses have more money to invest in jobs.
Instead of trying to divide Americans by pitting one group against another, the president needs to work with us to prevent anyone from having their taxes increased, especially when most people understand that any new taxes would just be used to fund more Washington spending.
Now is not the time to kick the sandbags loose. The waters continue to rise, and Republicans and Democrats alike should stand shoulder to shoulder with every American fighting the rising waters of the failed Obama economy.
We need to come together to defend our nation against a flood of taxation and radical regulation that threaten the very principles on which this nation was founded. We have to say “enough is enough.” We have to stand up for hardworking taxpayers throughout America and push back against the calls for higher taxes, and we must do it now.
Washington doesn’t need to confiscate more of the taxpayers’ hard-earned income; Washington needs to start living within its means and stop blocking the opportunities for our nation’s innovators and job creators so they, too, can have a fair shot at the American dream.
Rep. Steve Scalise (R-La.) is a member of the Energy and Commerce Committee.