After saying a good dozen or so times during the ’08 Presidential campaign that families making $250,000 or less would not see a penny of tax increase under an Obama administration, he now says that he’s ‘agnostic’ about doing exactly that to cover the out-of-control spending that he’s already implemented plus the new spending the Dems want to pile of top of that. Over at Business Week we get the skinny:

President Barack Obama said he is “agnostic” about raising taxes on households making less than $250,000 as part of a broad effort to rein in the budget deficit.

Obama, in a Feb. 9 Oval Office interview, said that a presidential commission on the budget needs to consider all options for reducing the deficit, including tax increases and cuts in spending on entitlement programs such as Social Security and Medicare.

“The whole point of it is to make sure that all ideas are on the table,” the president said in the interview with Bloomberg BusinessWeek, which will appear on newsstands Friday. “So what I want to do is to be completely agnostic, in terms of solutions.”

Obama repeatedly vowed during the 2008 presidential election campaign that he would not raise taxes on individuals making less than $200,000 and households earning less than $250,000 a year. When senior White House economic adviser Lawrence H. Summers and Treasury Secretary Timothy F. Geithner suggested in August that the administration might be open to going back on that pledge, White House press secretary Robert Gibbs quickly reiterated the president’s promise.

Of course, it’s all Bush’s fault — Anyone besides me getting tire of hearing this tired ol’ shit from our President all day, every day? I warned everyone to stock up on the KY, ’cause the American taxpayer is gonna get a hard-core life lesson in what it’s like to drop the soap in a prison shower.

Just sayin’ . . .

This entry was posted on Thursday, February 11th, 2010 at 8:34 pm and is filed under POTUS Obama, Tax! TAx! TAX!. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.  |   Print This Post  |   Email This Post

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