There's been a lot of controversy this week regarding President Obama's decision to extend the Bush tax cuts. It's angered some Democrats and appeased some Republicans, but everyone seems to have an opinion -- including Rep. Phil Roe (TN). He published an op/ed in the Daily Caller today. Please see the following excerpt:
This week, President Obama and Republican negotiators announced a deal that will extend all of the 2001 and 2003 tax cuts for two years while also extending unemployment benefits for 13 months, preventing the estate tax from being fully reinstated and cutting payroll taxes for a year. As I’ve been saying all year, no American should face a tax increase in this economic environment. Our top priority must be preventing a tax hike on any American.
Since I came to Congress, my main focus has been on creating jobs and getting people in East Tennessee back to work. The threat of these job-killing tax hikes is the single greatest cause for concern among both working families and employers, who might have to shed jobs with increased costs.