The current U.S. economic situation is not suitable for people of any tax increase

September is about to resume the U.S. Congress in this “for the Bush tax period, or not,” the great controversy will be how to decide, the second half of the United States is the focus of public attention.

But the fact is, on whether to “Robin Hood” tax increases on the wealthy and lower-middle class tax cuts, the U.S. Congress and the administration will also be a dilemma: on the one hand, uncertainty in U.S. concerns about economic recovery More and more, while raising taxes on the wealthy if economic recovery will affect the vital question of investment and spending is the focus of the parties; on the other hand, if the extension of the high-income people’s tax cuts, no doubt will to have extremely serious deficit of U.S. Treasury worse.

According to the U.S. Internal Revenue Service (IRS) released the statistics, in 2007, the United States with the highest income people to pay 2% of personal income tax accounted for by the federal government’s personal income tax of 40% or more.

Senate Budget Committee Chairman Conrad recently pointed out that the current U.S. economic situation is not suitable for people of any tax increases. Conrad has always been known as the Democratic Party carried the sword cut the fiscal deficit “hawks” representative, his voice faded, to have been strongly criticized by many Democrats.