McConnell Introduces Bill to Prevent Tax Hikes

This is a big relief after John Boehner went all wobbly this past weekend, suggesting he would about compromise with the Obama administration to allow taxes to go up for some.

Senate Republican Leader Mitch McConnell has introduced the Tax Hike Prevention Act of 2010. In addition to preventing the Bush tax cuts from expiring, the bill would help families in a number of ways. It would:

• keep the marriage penalty from coming back
• continue the child credit at $1000 per child
• save many families from the dreaded Alternative Minimum Tax
• keep current rates on the capital gain tax
• reforms the death tax.

H/t: Washington Examiner via Instapundit