I am fighting to protect Kentucky taxpayers and stop Speaker Pelosi and President Obama’s from allowing $3.8 trillion in tax hikes to go into effect on January 1, 2011.
Kentuckians faced a harsh truth this past April 15th as Democrats jeopardized tax refunds for millions of Americans by delaying action to save middle-class families from the punitive Alternative Minimum Tax. Democrats have also passed a record $683 billion in new tax increases on workers, parents, married couples, seniors, small businesses, and farmers.
I want to protect Kentucky taxpayers by:
- Extending all of the 2001 and 2003 tax rates to prevent the largest tax hike in American history from taking effect
- Permanently ending the Death Tax
- Repealing the Alternative Minimum Tax
- Encouraging working families to save more by establishing tax-exempt individual development accounts