Sen. Coats Speaks Out Against Obama Tax Hikes
Dan Coats, Indiana's junior U.S. Senator, is speaking out on the tax hikes being proposed by the Obama Administration. He's not a fan.
Under the Obama plan, those earning more than $250,000 a year would see their income taxes raised from 33 percent to 36 percent. Coats says the free enterprise system has been under assault from the Obama Administration since they took office in 2008. He says the Administration has only been concerned about taking money away from job creators instead of letting them create jobs.
Coats pointed to Solyndra and the $600 billion loss absorbed by the taxpayers of this country. He says that money would have went to better use and the country would have been much better served if the job creators were allowed to keep more of what they earn. In turn, more jobs would be created.
Coats continued, saying the one area President Obama is most interested in growing is the federal government and it's workforce. He says there is already too many employees and a tremendous duplication of efforts. Coats says it's time for the federal government to do what the American people have had to learn to do: cut back and live with less.