Rep. Rangel announced proposed tax increases if the democrats win a majority in November:
Congress Daily reported today that the Democratic Party’s ranking member on the House Ways and Means Committee, Rep. Rangel (D) of New York, all but guaranteed tax increases in the Democratic agenda if they take back the house in November. When approached about whether tax increases across the income spectrum would be considered, Rep. Rangel responded, “No question about it.”
Rangel worries about balancing the budget but his only solution involves tax increases.
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ShrinkWrapped has mysterious Rangel news.