June 14, 2012, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement on a House plan to extend current tax rates for a single year:
"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, 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."
Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please call us at 703-383-0880 or visit our website at www.GetLiberty.org.