Will Bush Raise Taxes?

In my humble opinion, one of the few bright spots of President Bush’s Presidency has been the tax cuts that have reduced the burdened the federal government places on hard-working Americans. That is why it is very unnerving to hear that the Administration is now talking with Democrats about forcing more taxpayers and small businesses to pay a greater portion of their incomes to the federal government in the form of payroll taxes.
Such a policy would result in the largest tax hike in U.S. history and would do nothing to solve the severe problems assoociated with Social Security. Rather than passing a massive tax hike in the hopes of propping up a system that robs younger workers of their money, President Bush should focus on solutions that give individuals greater control over their financial futures.

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