Quote by John Cornyn

Raising taxes is the last thing we should do amid the weakest economic recovery since World War II. Unfortunately, even if we avoid the full 'Taxmageddon' scenario, President Obama's health care law also contains a new surtax on investment that will take effect in 2013.


Raising taxes is the last thing we should do amid the weakes

Summary

This quote suggests that raising taxes should be avoided during a period of economic recovery, especially when it is considered to be the weakest one since World War II. It specifically points out that President Obama's health care law includes a new surtax on investment, which will be implemented in 2013. The quote suggests that this surtax, along with potential tax increases, could have a negative impact on the economy and hinder the recovery process.

Topics

Health
By John Cornyn
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