Vern Buchanan Takes Aim at Obama's Proposed Tax Hike

From his perch on the U.S. House Ways and Means Committee, which handles taxation issues, U.S. Rep. Vern Buchanan, R-Fla., came out swinging against President Barack Obamas plan to raise taxes $320 billion over the next 10 years.

The president needs to understand that we live in an aspirational society, one where you dont need to punish one group to allow another to prosper, Buchanan said on Tuesday. Americans are not looking for a handout. They are simply asking government to cut the red tape, keep taxes low and stop enacting burdensome regulations that stifle job growth.

Right now we have a tax code that punishes everyone, from families trying to make ends meet to employers trying to compete in the global marketplace, Buchanan added. We need to create a simpler, fairer, pro-growth tax code that fuels the economy and helps put Americans back to work. Serious times call for serious solutions. Unfortunately, the presidents proposal is reckless and misguided.