Jul 9, 2012

McCarthy Statement Regarding the President’s Demand for Tax Hike

Washington D.C. – House Majority Whip Kevin McCarthy (CA-22) released the following statement regarding the President’s demand to raise taxes on hardworking families and small businesses:

“President Obama’s demand to raise taxes on hardworking families and small businesses comes on the heels of the worst quarter for job growth in two years. The uncertainty that is plaguing our economy is a direct result of the President’s insistence on massive tax hikes that will further burden our job creators, already suffering under this Administration’s failed economic policies. A number of prominent Congressional Democrats are opposed to the President’s call for a massive tax hike – even they know the toll that it will take on private sector job growth. That is exactly why House Republicans reject President’s demand for a tax hike on all Americans. Later this month we will lay out our principles for comprehensive tax reform to provide certainty to American families and small businesses. We invite the President to join this bipartisan effort so we can get America back to work.”