Stephanie Herseth Sandlin: “the new minority report released today by the Committee on Ways and Means shows that the latest unfair tax scheme…”

“the new minority report released today by the Committee on Ways and Means shows that the latest unfair tax scheme proposed by the majority will be one of the largest tax increases on working families in American history. The new proposed national sales tax will result in the wealthiest 1 percent of American taxpayers receiving a $225,000 tax break per year, while working families will see an average yearly tax increase of $3,200 per year. This new national sales tax will punish the middle class and working families every single day. Mr. Speaker, $100 of groceries will cost $130. A $20,000 pickup will be $26,000. Need a new TV? Mark it up 30 percent. And health care, a visit to the doctor for your children, or how about prescription drugs? Add 30 percent, Mr. Speaker. The truth is, the new national sales tax proposal is just another scheme to give tax cuts to those that ship our jobs overseas, leaving the rest of us stuck with a bill and stuck with a new and unwelcome tax.”