Democrat Budget Resolution to increase taxes, provide no reform

Get Out Your Checkbook alert: $2641 per household tax increase if we let the Dems have their way.

Furthermore:

"Projected over the ten-year period, the expiration (or required offset) of all existing tax cuts would raise projected revenues by $3,268 billion[2]—easily the largest peacetime tax increase in American history.[3] Over the ten-year period, the average household's taxes would increase by $2,641 annually, or 12 percent above current tax levels. Tax revenues would spike from 18.5 percent of GDP today to 19.8 percent by 2012 and then 20.1 percent in 2017—the second highest level since World War II.

And even that may not be all. The Senate budget contains 22 "reserve funds" that would give Congress virtually unlimited authority to raise taxes further if Members decide to increase spending above the budget resolution's spending targets. By the time Congress is finished, the tax increase could easily top $1 trillion over five years and $4 trillion over ten years."