2 Obama officials: No guarantee taxes won't go up

[JDeuce]

http://news.yahoo.com/s/ap/20090803/ap_on_go_ca_st_pe/us_economy


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.


Unbelievable.

Or maybe it really isn't since anyone with half a brain would have realized there was no way in hell Zero could have paid for everything he promised without raising taxes on everyone. There was an article in the WSJ that broke down the numbers...in order to pay for the stimulus bill alone, the government would need to tax everyone making $75k and over at a 100% rate next year, which is obviously impossible.

I'm almost half hoping this happens to be honest. I never want to see nationalized health care at any costs in this country, but if Obama raised taxes on the middle class right in the middle of a recession after promising he wouldn't, then no democrat would see the inside of the White House for the next 15 years without taking a guided tour.

 

[PatPatriot]

http://www.realclearpolitics.com/vi...age_heath_care_and_not_cash_for_clunkers.html

 

[DeathEatsaCracker]

Let's not get our panties in a twist over something that probably won't happen.

If it does, I'll join you in being outraged.

 

[meltdown]

Let's not get our panties in a twist over something that probably won't happen.

If it does, I'll join you in being outraged.

What won't happen? The promise of not raising taxes "not one dime" has already been broken for many middle class citizens.

 

[Dave007inVegas]

So BO won’t raise taxes? :grandmais

By STEPHEN OHLEMACHER, Associated Press Writer Stephen Ohlemacher, Associated Press Writer – 22 mins ago

WASHINGTON – The recession is starving the government of tax revenue, just as the president and Congress are piling a major expansion of health care and other programs on the nation's plate and struggling to find money to pay the tab.

The numbers could hardly be more stark: Tax receipts are on pace to drop 18 percent this year, the biggest single-year decline since the Great Depression, while the federal deficit balloons to a record $1.8 trillion.

Other figures in an Associated Press analysis underscore the recession's impact: Individual income tax receipts are down 22 percent from a year ago. Corporate income taxes are down 57 percent. Social Security tax receipts could drop for only the second time since 1940, and Medicare taxes are on pace to drop for only the third time ever.

The last time the government's revenues were this bleak, the year was 1932 in the midst of the Depression.

 

[OnWisconsin]

http://news.yahoo.com/s/ap/20090803/ap_on_go_ca_st_pe/us_economy


During his presidential campaign, Obama repeatedly vowed "you will not see any of your taxes increase one single dime."

maybe he should recalibrate those words. or maybe what he really meant was "not a single dime, but multpile dimes."

 

[PatPatriot]

maybe he should recalibrate those words.

 

[Mistermj]

That's the hottest selling poster since Farah Fawcett's blockbuster.

http://www.zazzle.com/obama_joker_poster-228449420800574972

 

[Legend-I-Aint]

love the poster, love it!@)

 

[Mistermj]

love the poster, love it!@)

:lol: