Democratic Irresponsibility

Here's a follow-up to my post from last night, "Firms Closing as Leftist Policies Make Costs of Doing Business Prohibitive."

Recall that Democratic economic policies are already killing businesses and jobs.

We also know that the administration proposes massive unfunded liabilities that will hang an anchor of debt around future generations. The chart above is from "Policy Watch," House Republican Conference. There's more good stuff at the link.

Here's some additional resources I received from the GOP House leadership:

* Raise the top income tax rates from their current 33 percent and 35 percent rates to 36 percent and 39.6 percent in 2011: http://accounting.smartpros.com/x66802.xml

* Limit itemized deductions for people paying high rates: http://accounting.smartpros.com/x66802.xml

* Increase capital gains and dividend taxes by 33 percent for people paying high income tax rates: http://www.heritage.org/research/taxes/bg2271.cfm

* Impose a value-added tax (VAT) on all goods and services: http://www.washingtonpost.com/wp-dyn/content/article/2009/05/26/AR2009052602909.html

* Raise the Social Security tax by lifting the cap: http://www.washingtonpost.com/wp-dyn/content/article/2009/05/26/AR2009052602909.html

* Raise a variety of business taxes by $353 billion over 10 years, including repeal of LIFO rules, restoring Superfund taxes, seven tax increases on energy companies, and more :http://blogs.abcnews.com/politicalpunch/2009/02/obamas-budget-a.html

* Tax employer-provided health benefits: http://www.washingtonpost.com/wp-dyn/content/article/2009/06/14/AR2009061402769.html?hpid=topnews

* Implement a cap-and-trade system for emissions permits, the functional equivalent of a massive new taxhttp://online.wsj.com/article/SB124217336075913063.html

* Tax drivers on their mileage: http://www.foxnews.com/politics/first100days/2009/02/20/transportation-chief-considers-taxing-miles-driven/

* Change rules to raise gift taxes: http://money.cnn.com/2009/05/11/news/economy/treasury_budget_taxproposals/

* Restore the estate tax at 45 percent: http://www.reuters.com/article/politicsNews/idUSTRE54A3DL20090511

* Raise cigarette tax by 62 cents a pack: http://www.foxnews.com/politics/2009/03/29/single-largest-cigarette-tax-hike-goes-effect-wednesday/

* Raise taxes on beer, wine, liquor, and soda: http://www.usatoday.com/news/washington/2009-05-20-beer-health-insurance_N.htm

* Eliminate health savings accounts and flexible savings accounts: http://www.healthcarefinancenews.com/news/senate-finance-committee-could-limit-or-eliminate-flex-savings-accounts

* Tax employer-provided cellphones: http://online.wsj.com/article/SB124501952511913563.html

* Tax AIG employee: bonuseshttp://www.cnn.com/2009/POLITICS/03/16/AIG.bonuses/index.html

* Raise taxes on overseas corporate earnings: http://online.wsj.com/article/SB123897085163290813.html