Middle class tax hike coming soon?

Posted by: Sister Toldjah on August 3, 2009 at 9:33 am

Prepare:

President Obama may have to raise taxes to pay for public health care and the growing deficit, an eventuality that administration officials touched lightly on Sunday as they promoted an economy emerging from recession.

With an expected deficit next year of $1.8 trillion, and spending still being planned for a $1 trillion, 10-year health care reform, officials say something will have to be done to prevent further erosion of the economy.

“We will not get this economy back on track, recovery will be not strong and sustained, unless we … can convince the American people that we’re going to have the will to bring these deficits down once recovery is firmly established,” Treasury Secretary Tim Geithner said on ABC’s “This Week.”

Asked point blank whether it was right to suggest it is a matter of when, not if, taxes will be raised, Geithner responded, “It is absolutely right.”

[...]

National Economic Council President Larry Summers said on CBS’ “Face the Nation” that jobs are a lagging indicator and once output increases, job growth will start to pick up.

“I think we have a ways to go. I want to emphasize the basic realities. Unemployment is still very high in this country,” Summers said.

He added that it’s not a good idea to rule out future taxes.

“There is a lot that can happen over time. … But what the president has been completely clear on is that he is not going to pursue any of his priorities — not health care, not energy, nothing — in ways that are primarily burdening middle-class families. That is something that is not going to happen,” Summers said.

Uh huh. And what did then-candidate Barack Obama say about raising taxes on the middle class?

During his presidential campaign, Obama repeatedly vowed “you will not see any of your taxes increase one single dime.” But the simple reality remains that his ambitious overhaul of how Americans receive health care — promised without increasing the federal deficit — must be paid for.

Jim Hoft has video of one of the times candidate Obama promised not to raise taxes on anyone making less than $250K. We knew then it was a lie, and it’s just one more thing critics of Obama have been right about since day one.

George HW Bush was defeated by Bill Clinton, in part, due to breaking his “no new taxes” campaign promise. Will both President O and his party face the same fate?

Stay tuned …

Cheers to more taxes!

Cheers to more taxes!

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11 Responses to “Middle class tax hike coming soon?”

Comments

  1. Glenn Cassel AMH1(AW) USN RET says:

    Just about the time I get a job lined up.:(( It will require me to relocate to California but it is a DOD/AF civilian job and pays well. And now little timmy dipshit and the obambozo are going to welcome me back to the ranks of the employed with this shit?
    Worthless pieces of shit, all of them.

  2. Severian says:

    That’s DOD/AF not DoDAF right? :d DoDAF is the bane of my existance lately.

    Hope that job hangs on, I fully expect the Obama admin to gut the defense budget,in which case you and I both are SOL.

    But, congrats and hope Kalifornia isn’t too bad to you. Help keep Kalifornia green, bring money. ;)

  3. Great White Rat says:

    Anyone with even the slightest concept of economics knew last year that Obama was lying. The only surprise to me is that some of the MSM is finally admitting it.

    If the GOP is smart (a huge IF, granted), they’ll wait for the new taxes to be enacted, and then about a year from now, start a saturation campaign spotlighting Obama’s pledge, the tax hike that puts the lie to it, and some of the waste the higher taxes are going to, like the NEA funding a porno flick in (naturally) Nancy Pelosi’s district.

  4. Carlos says:

    If the Prez announced today that he would be dressed immaculately tomorrow, I would head for the hills and make sure there was no TV around. You know, with his track record of honesty and forthrightness, he would show up dressed in skivvies at best and probably in the nude.

    Neither of which is a pretty thought, kinda like Santa in a Speedo.

  5. Joseph Brown says:

    Raising everybody’s taxes is a given. There was no way he could have paid for all his pie in the sky BS without it. When he told Joe the plumber that spreading the wealth was good for everybody….hello.
    You can tell when a politician is lying when his mouth is moving.

  6. IHeartUrbanPlanning says:

    Here you can watch obama make the promise he would later break…
    That didn’t take long, did it?

    LINK

  7. Carlos says:

    Well, in this case his mouth wasn’t moving, not bad for a ventriloquist. It was the mouths of idiot sycophants who are giving the lie to BO, and when all the wealth is spread the only ones who’ll have money will be…the POLITICIANS!

    Big surprise there.

  8. Steve Skubinna says:

    Anyone who did not believe that Obama would eventually get around to raising taxes is an idiot. End of sentance, no discussion possible.

    As has been previously observed, all of Obama’s statements come with an expiration date. All of them. But this one – it’s always been a question of “when?” and not “if.”

  9. Jo says:

    Maybe that’s what it will take to finally wake up some of the adoring masses. This fool is all about redistribution of wealth, sticking it to the whites, protecting the sacred cow of the Democratic party, Unions, and continuing his dark reign of slick salesmanship.