NRCC - Paul Hodes Makes History: Votes for Largest Tax Increase Ever

Hodes Votes for $683 Billion Tax Hike and Increased Wasteful Spending, Hurting Hardworking Middle-Class Americans

 

Washington- Rep. Paul Hodes (NH-02) made history this afternoon as he voted for the largest tax increase in American history, creating tens of billions of dollars in new wasteful Washington spending and rejecting any reform to solve our nation’s entitlement crisis (House Roll Call 141). Hodes' support for this $683 billion tax increase would devastate the hard-working taxpayers of New Hampshire, costing them an additional $3,202 in taxes next year alone.

Rep. Paul Hodes (NH-02) made history this afternoon as he voted for the largest tax increase in American history, creating tens of billions of dollars in new wasteful Washington spending and rejecting any reform to solve our nation’s entitlement crisis . Hodes' support for this $683 billion tax increase would devastate the hard-working taxpayers of New Hampshire, costing them an additional $3,202 in taxes next year alone.

Despite campaign promises to rein in debt and wasteful spending, the Democrats’ budget that Paul Hodes loyally supported contains over 11,000 earmarks at the cost of $16 billion, and will pass on an additional $14 billion in debt to future generations, because it fails to address the fiscal crisis facing Social Security and Medicare programs.

Paul Hodes' historic and destructive vote for the Democrats’ budget would impose a crippling tax increase for every single taxpayer in the United States including married couples, families with children, senior citizens, small business owners and farmers:

  • Nearly 48 million married couples will be penalized with a $3,000 tax increase
  • Low-income families will be hit when the child tax credit is cut by $500 per child
  • Almost 18 million senior citizens will have to pay an extra $2,100 in taxes
  • About 27 million small-business owners will be strapped with a $4,000 tax increase
  • Reinstating the Death Tax will cost taxpayers an additional $180.6 billion
“ Paul Hodes made history today by supporting the Democrats’ reckless budget proposal, forcing America’s hard-working taxpayers and middle-class families to be saddled with massive tax increases to foot the bill,” said NRCC spokesman Ken Spain. “At a time when American families are facing increased stress with rising costs, Hodes' vote to raise taxes is blatantly irresponsible and yet another obvious indication that he remains out of touch with New Hampshire voters.”

 

As Paul Hodes gets ready to head out of Washington for a two-week spring break, he should be prepared to answer questions from the voters as to why he chose to raise taxes and increase government spending at their expense.