All of Obama's talk about soaking the rich is utter nonsense. There are too many of us and too few of the rich. Even if Obama raised the tax on "the rich" to 100% it would not begin to pay for all of the pork that he and Pelosi have spent.
President Barack Obama's treasury secretary said Sunday he cannot rule out higher taxes to help tame an exploding budget deficit, and his chief economic adviser would not dismiss raising them on middle-class Americans as part of a health care overhaul.
http://finance.yahoo.com/news/2-Obama-offi...ml?x=0&.v=7
Full Version: Obama: No guarantee that middle class won't see tax hike
QUOTE (isobar65 @ Aug 3 2009, 08:44 AM) 
All of Obama's talk about soaking the rich is utter nonsense. There are too many of us and too few of the rich. Even if Obama raised the tax on "the rich" to 100% it would not begin to pay for all of the pork that he and Pelosi have spent.
President Barack Obama's treasury secretary said Sunday he cannot rule out higher taxes to help tame an exploding budget deficit, and his chief economic adviser would not dismiss raising them on middle-class Americans as part of a health care overhaul.
http://finance.yahoo.com/news/2-Obama-offi...ml?x=0&.v=7
President Barack Obama's treasury secretary said Sunday he cannot rule out higher taxes to help tame an exploding budget deficit, and his chief economic adviser would not dismiss raising them on middle-class Americans as part of a health care overhaul.
http://finance.yahoo.com/news/2-Obama-offi...ml?x=0&.v=7
gotta pay for 3bil cars fiasco somehow.
More BS from this administration- What happened to his campaign promise? 95 percent of wage earners will NOT see any tax increase- period. Anything you say, Barack. I can't believe people bought this guy's crap.
QUOTE (devilsfan0405 @ Aug 3 2009, 11:11 AM)
More BS from this administration- What happened to his campaign promise? 95 percent of wage earners will NOT see any tax increase- period. Anything you say, Barack. I can't believe people bought this guy's crap.
Anyone with a half a brain could bee this coming. Unfortunately, most of the country doesn't even have that much. An ultra-liberal (and that's being polite - socialist is probably more accurate) politicain who is not going to raise taxes???!!! Yeah, sure. How else is he going to re-distribute the wealth?
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