(CNSNews.com) – Conservative leaders released a letter Wednesday denouncing House Speaker John Boehner’s (R-Ohio) proposal to raise taxes on Americans, the “Plan B,” and called upon other House Republicans to vote against the measure.
Under Boehner’s plan, the marginal tax rate for people earning $1 million or more per year would rise to 39.6 percent and certain deductions and loopholes would end. The White House has rejected the proposal.
In the letter released by the Conservative Action Project, headed by former Attorney General Edwin Meese, it states, “Speaker Boehner, President Obama, Nancy Pelosi and too many members of the Republican conference have forgotten that the problem in Washington is too much spending and not too little taxation.”
“When the American people voted to return the Republican majority in the House last month, we sent you to cut spending,” reads the letter. “Instead, you are now voting on the Pelosi plan to increase taxes next year.”
The letter described Boehner’s “Plan B” as a “tax hike,” and said “this tax increae bill is just like the tax increase proposal Nancy Pelosi offered last year on May 23.”
The "Plan B" is among several offers that Speaker Boehner has made to President Barack Obama in the ongoing talks to try to reach an agreement over the so-called fiscal cliff. At the end of this year, unless Congress and the White House act, the Bush tax rates will expire and automatic spending cuts (sequestration) will start.
President Obama has insisted that tax rates for people making $250,000 or more must go up and he recently agreed to put that threshold at $400,000 and above. Speaker Boehner wants to reduce deductions and reform entitlements, such as Social Security and Medicare, and place the tax rate threshold-rise at $1 million.
Many House Republicans (and in the Senate) have pledged over the years, and campaigned in 2012, not to raise taxes. Many conservative leaders in Congress and in the private sector believe that raising taxes only hurts the economy and workers and that the fundamental problem is not generating tax revenue but unrestrained federal spending by the government.
The federal deficit in 2012 was $1.3 trillion and the national debt is more than $16.4 trillion. Unemployment is 7.9 percent, while the real unemployment rate (underemployed and unemployed) is 14.4 percent. About 24 million Americans are either jobless, underemployed or have given up searching for a job.
It is estimated that "Plan B" would generate slightly less than $90 billion a year in tax revenue for the federal government, which would last less than 10 days -- the government spends about $9.5 billion every day of the year.
The letter was signed by 24 conservative leaders, representing a variety of different organizations. Some of the signers included Meese, as well as Brent Bozell, chairman of ForAmerica; Al Regnery, president of the Paul Revere Project; Kenneth Blackwell, head of the Ohio Faith & Freedom Coalition; Tony Perkins, president of the Family research Council; former Indiana Congressman David McIntosh; and T. Kenneth Cribb, a former domestic policy adviser to President Ronald Reagan.
At a Capitol Hill press conference on Wednesday, Brent Bozell said, "Almost 30 organizations are signing on this letter and more are joining every minute. And basically our message to the Republican leadership is 'enough is enough,' and it's time to honor the promises you made."
"Every single Republican ran on a commitment to reduce spending and hold the line on taxes," said Bozell. "If they support this, they'll be doing just the opposite. They'll be holding the line on high spending and then raising taxes on top of it. It will be a clear violation of their promises to their constituents. We are asking them very strongly: 'Re-think this position.'"
Disclosure: Brent Bozell is also president of the Media Research Center, the parent organization of CNSNews.com.