Increasing taxes has become the focal point of debate in the early days of the lame duck Congressional session. President Obama is using his re-election as a call for increasing taxes on those making two hundred fifty thousand dollars a year or more, as a way to cut the federal deficit. South Dakota Senator John Thune says he doesn’t think higher taxes will do what the President intends…
Thune says they can’t talk about tax increases without also talking about federal spending on Social Security, Medicare and other federal entitlements…
Thune says he doesn’t think voters endorsed higher taxes as the only way to cut the deficit…