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Monday, April 30, 2012

Rep. West: Obama aiming 'tax weapons of mass destruction' at Americans - #tcot

By Pete Kasperowicz - 04/25/12

Freshman Rep. Allen West (R-Fla.) on Wednesday evening likened President Obama's preference for higher tax rates to "tax weapons of mass destruction" that Obama is aiming straight at Middle Americans.

"Although he has never served our country in uniform, or risked his life to defend its freedoms and liberties on distant shores, it seems President Obama understands a thing or two about weaponry," West said on the House floor. "But in the president's case … the current weapon of choice is tax policy, and the enemies are small businesses, investors, entrepreneurs and corporations, who seemingly are deemed undesirable.

"President Obama seems determined to punish and wipe out economic success in this country, leveling tax weapons of mass destruction on all taxpayers."

West said Obama favors the expiration of tax cuts on marginal rates, as well as reducing estate tax exemptions and increasing taxes on capital gains and dividends.

"Next year, unless changes are made to the tax code, America will be bombarded with the heavy artillery of the largest tax increase in the nation's history, causing massive economic injury and destruction," West said.


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