Freeze Warning expires at 9:00 AM on 4/17, issued at 3:24 AM Allen, KY | Annville, KY | Artemus, KY | Ary, KY

Rand Paul Stands By Pledge To Not Raise Taxes

Contributor: Christine Winter
Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 11/27/2012 10:41 pm
The debate over America's so-called fiscal cliff continues in Washington DC.

Automatic tax increases and spending cuts will kick in at the end of the year unless an alternate plan is reached to trim the deficit.

There's talk of raising taxes on wealthy Americans as part of a deal.

That's opposed by Kentucky's Junior Senator Rand Paul.

He says, "If it's a bad idea to raise it on 100% of the nation's income, why it is a good thing to raise taxes on 40% of the nation's income? I think it's bad to take more money out of Kentucky, more money out of my town in Bowling Green. I just as soon leave it there. And I'm not too concerned who has it. If the people who earned it still have it, whether they are rich, middle class or poor, it's in the private sector and it's in Kentucky buying goods. I don't want it sent up here because I've seen what they do up here."

Paul says rather than raise taxes, he'd prefer to cut defense spending and raise the retirement age from 65 to 67.

Share
Most Popular
Proposed Walmart In Versailles Causing Controversy
A Walmart Supercenter may be coming to Versailles, but families there have mixed feelings about the development. Video Video
Two Men Injured In Violent Crash In Laurel County
The Laurel County Sheriff's Office said two London men were airlifted to UK Hospital after the car they were in left Wyan Road Tuesday night and hit a tree head-on.
Cal Says It's Time For Media To Cough Up The Cash
NCAA needs to pay for players families to travel to tournament, not offer media perks. Video Video
Arrests Made After Market Robbed
Police say three suspects wanted after a robbery didn't get very far.
Machine At Local Hospital Helps People Walk Again
Machine At Local Hospital Helps People Walk Again Video Video
Inergize Digital This site is hosted and managed by Inergize Digital.

WTVQ.com supports children's privacy rights. All persons under the age of 13 MUST have parental permission to use this website and direct parental supervision is strongly recommended.