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VIDEO ALERT: “Everyone is getting wacked across the board” COGC talks federal spending on Cavuto
Think the Fiscal Cliff was all about income taxes rates? Think again. ATR has repeatedly pointed out that the January 1 tax hike included a slew of new Obamacare taxes, including a 3.8 percent surtax on investment income. This has effectively brought the top rate above its pre-2001 levels; and “soaking the rich” still can’t even come close to paying for the President’s historically high spending plans. Executive Director Mattie Duppler joined the panel on Cavuto this week to talk about the fight heating up over the federal spending, and how lawmakers can cut the size of government and restore fiscal responsibility in the wake of the Fiscal Cliff.