More Dems Come Out Against Tax Hikes On The Rich

Congress seems increasingly reluctant to let taxes go up, even on wealthier Americans.

Worried about the fragile economy and their own upcoming elections, a growing number of Democrats are joining the rock-solid Republican opposition to President Barack Obama's plans to let some of the Bush administration's tax cuts expire.

Democratic leaders in Congress still back Obama, but the willingness to raise taxes is waning among the rank and file as the stagnant economy threatens the party's majority in the House and Senate.

"In my view this is no time to do anything that could be jarring to a fragile recovery," said Rep. Gerry Connolly of Virginia, a first-term Democrat.

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Talk is cheap, expecially before an election. Currently, no one has introduced legislation to extend or make permanant (which is our preference), the Bush Tax cuts. Without legislation, we are still in for the largest tax increase in American History.