06.14.2012 0

House to consider mere 1-year extension of tax rates

John Boehner and Eric CantorBy Bill Wilson — If House Republicans believed in anything, they would vote to make the current tax rates permanent, send that to the Senate, and make that the only option to prevent the nation from driving off the fiscal cliff at year’s end. And if Harry Reid doesn’t want to go along with it, then it’s on him.

It is obscene and immoral to set tax rates every 12 months. Set the rates, all of them, and make them permanent. Give people and businesses certainty in this weak economy, instead of one more year of uncertainty that will not get us out of our doldrums. Rather than even attempting to clean up the mess we are in, Republicans are guaranteeing another lost year economically. Temporary tax breaks have never worked before, and they won’t work now.

We’re supposed to be a nation of laws, not a nation of whims. By going along with these temporary extensions year after year, Republicans are accepting this arbitrary, psychotic rule that is hurting the national economy. It is inexcusable.

Bill Wilson is the President of Americans for Limited Government. You can follow him on Twitter at @BillWilsonALG.

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