That’s according to Rep. Denny Rehberg, R-Mont., who said that Congress passed a budget resolution prior to the Easter recess that would increase taxes by nearly $400 billion over five years.
Rehberg said he voted against the resolution.
Rehberg added that he thinks it’s possible to balance the budget without raising taxes.
"We can curb the wasteful spending, fraud and abuse that occur too often in the federal government,” he said, “but this legislation only placed the burden of more government spending squarely on the back of every Montanan.”
Here is what Rehberg said the budget resolution will mean to Montanans:
- An average tax increase of $2,625 for Montanans
- More than 343,000 taxpayers statewide who are benefiting from a new lower 10 percent bracket will see their taxes go up
- 112,000 married couples in the state will face higher taxes because of an increase in the marriage penalty
- 86,000 families with children will pay more taxes because the increase in Child Tax Credit would expire
- 50,000 investors, including seniors, will pay more because of an increase on the tax rates on capital gains and dividends
- Taxes will rise, on average, by $3,960 for 26 million American small business owners
- More than 5 million taxpayers nationwide who previously owed no taxes will become subject to the individual income tax as a consequence of the sunset
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